UK competition regulator stalls this Amazon investment

Britain’s competition regulator has stepped in to pause Amazon’s investment in online food delivery group Deliveroo while it considers launching a full investigation.
Amazon led a $575 million fundraising in Deliveroo in May, making what the two parties called “a minority investment” and going up against Uber Eats in the global race to dominate the market for takeaway meal deliveries.
On Friday Britain’s Competition and Markets Authority (CMA) said it served an initial enforcement order (IEO) on the two companies on June 24, signalling possible concerns about the transaction.