Delivery Hero and Glovo fined $375m for anti-competitive practices in EEA

By Yahoo! Finance   |   2 weeks ago
Delivery Hero and Glovo fined $375m for anti-competitive practices in EEA

The European Commission fined Delivery Hero and Glovo a total of €329m for anti-competitive practices within the EEA, the first labor market cartel penalty. The companies colluded to limit competition, reduce consumer choice, and hinder innovation, violating antitrust laws.

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