More

    Amazon fined £55,000 over late documents in Deliveroo deal probe

    REUTERS/Lindsey Wasson/File Photo

    The Competition and Markets Authority (CMA) has imposed £55,000 in penalties on Amazon for its failure of providing relevant documents related to its investment in Deliveroo.

    The CMA last month cleared Amazon’s 16 per cent investment in the online food delivery company following its phase two in-depth investigation.

    The regulator said Amazon’s delay in providing complete responses to two sets of statutory information requests has been without reasonable excuse. With some documents being provided almost two months late within the course of a six-month investigation, it caused unnecessary delays to the inquiry, the CMA noted.

    “This had a significant adverse impact on the conduct of the Inquiry, requiring the CMA to expend significant time and public resources in verifying the completeness of Amazon’s responses. While the CMA considers that Amazon ultimately provided complete responses to the notices, Amazon’s behavior risked the CMA taking decisions on the basis of incomplete evidence,” the agency said in its penalty notice.

    The CMA imposed two separate penalties of £25,000 and £30,000 on Amazon for the failure to comply with information requests in December 2019 and January and March this year.

    Latest

    Vape maker Chill Brands suspends chief executive

    Vape maker Chill Brands on Monday said it has...

    HRH The Duke of Gloucester visits site of Regal Food Products Group 

    HRH The Duke of Gloucester today (23) was given...

    Booker dismisses allegation of undercutting independent retailers

    Wholesale Booker has once again slammed recent fresh allegations...

    Madic UK partners with Allwyn to launch EPOS system integrated with National Lottery

    EPOS technology company Madic UK has partnered with Allwyn...

    Don't miss

    Vape maker Chill Brands suspends chief executive

    Vape maker Chill Brands on Monday said it has...

    HRH The Duke of Gloucester visits site of Regal Food Products Group 

    HRH The Duke of Gloucester today (23) was given...

    Booker dismisses allegation of undercutting independent retailers

    Wholesale Booker has once again slammed recent fresh allegations...

    Madic UK partners with Allwyn to launch EPOS system integrated with National Lottery

    EPOS technology company Madic UK has partnered with Allwyn...

    SPAR UK to activate new retailer recruitment incentive

    Leading symbol group SPAR UK is participating in the...

    Vape maker Chill Brands suspends chief executive

    Vape maker Chill Brands on Monday said it has suspended chief executive Callum Sommerton after allegations were raised around the company's use of inside...

    HRH The Duke of Gloucester visits site of Regal Food Products Group 

    HRH The Duke of Gloucester today (23) was given a warm welcome at Regal House in Bradford, the head office site for Regal Food...

    Booker dismisses allegation of undercutting independent retailers

    Wholesale Booker has once again slammed recent fresh allegations that Tesco is consistently undercutting independent retailers by selling products for less in its stores than...