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Image header Agence Europe
Europe Daily Bulletin No. 13651
Contents Publication in full By article 19 / 35
ECONOMY - FINANCE - BUSINESS / Competition

Fines totalling €329 million imposed on Delivery Hero and Glovo for cartel in food delivery market

On Monday 2 June, the European Commission imposed fines of €223.3 million and €105.7 million respectively on Delivery Hero and Glovo for participating in a cartel in the online market for the delivery of meals and basic necessities within the European Economic Area (see EUROPE B13459A33).

It is the first time the European Commission has fined companies for ‘non-poach’ agreements”, under which companies agree not to hire or approach each other’s employees, said European...

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BEACONS
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SECURITY - DEFENCE
Russian invasion of Ukraine
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