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UPI
6 days ago
- Business
- UPI
EU fines Delivery Hero, Glovo $376M over 'online delivery cartel'
Teresa Ribera, Executive Vice-President for Clean, Just, and Competitive Transition, speaks during a press conference in Brussels, Belgium, Monday. EPA-EFE/OLIVIER MATTHYS June 2 (UPI) -- The European Commission fined a pair of food delivery companies for collusion that reduced choices for consumers, workers and potential business partners across several countries. The commission fined Delivery Hero and Glovo more than $376 million combined for "participating in a cartel in the online food delivery sector." The two companies admitted their participation in the conspiracy, which occurred from July 2018 until July 2022, until Delivery Hero acquired Glovo in July of 2022. The companies illegally exchanged sensitive information, distributed geographic markets and agreed not to hire each other's employees within the European Economic Area. The commission said this is the first time it has sanctioned "the anti-competitive use of a minority share in a competing business" in regard to conspiratorial actions in the labor market. "Moving forward, we will continue to closely monitor potential anti-competitive business practices in consumer-facing industries," The European Commission's Executive Vice President for Clean, Just, and Competitive Transition Teresa Ribera said in a separate statement. She added the commission's objective "is to ensure that effective competition is maintained to benefit European consumers and companies that compete fairly to serve them." Delivery Hero confirmed in a press release Monday that it reached a settlement agreement with the European Commission in regard to its actions and collusion with Glovo. "Today's settlement allows Delivery Hero to address the European Commission's concerns while allowing stakeholders to move on swiftly," the statement said. "Delivery Hero reiterates its commitment to continuing a culture of compliance throughout its organization and operating in a responsible and ethical manner in the highly competitive industry in which it operates."
Reuters
01-03-2025
- Politics
- Reuters
NATO's Rutte urges Zelenskiy to mend his relationship with Trump
[1/2] NATO Secretary General Mark Rutte (L) speaks with Ukraine's President Volodymyr Zelenskiy at the NATO-Ukraine Council Working Dinner attended by North Atlantic Treaty Organisation (NATO) Defense Ministers at NATO Headquarters in Brussels, Belgium, 17 October 2024. OLIVIER MATTHYS/Pool via... Purchase Licensing Rights, opens new tab Read more BRUSSELS, March 1 (Reuters) - NATO chief Mark Rutte said on Saturday he told Ukrainian President Volodymyr Zelenskiy that he needs to find a way to restore his relationship with U.S. President Donald Trump after their clash at a White House meeting on Friday. The confrontation flared over differing visions of how to end Russia's three-year-old invasion, with Zelenskiy seeking strong security guarantees from a Trump administration that has embraced diplomacy with Vladimir Putin's Russia. The meeting, which Rutte described as "unfortunate", plunged ties between Kyiv and its top military backer to a new low. "I said: I think you have to find a way, dear Volodymyr, to restore your relationship with Donald Trump and the American administration. That is important going forward," Rutte told the BBC, commenting on a call he had with Zelenskiy on Friday. He said he told Zelenskiy that "we really have to respect what President Trump has done so far for Ukraine", reminding Zelenskiy that Trump was the one who provided Javelin anti-tank weapons to Ukraine in 2019 that had enabled the country's forces to fight back after Russia's invasion. "Without the Javelins in 2022, when the full-scale attack started, Ukraine would have been nowhere", said Rutte. "I told him we really have to give Trump credit for what he did then, what America did since then and also what America is still doing." Quizzed on some of the accusations traded between the leaders on Friday, the NATO chief declined to comment in detail, saying the U.S. was very invested in the military alliance, including in its mutual-defence clause Article 5. Rutte called Trump a friend but did not directly address questions about whether Trump was right when he accused Zelenskiy of gambling with World War Three, or when he said Zelenskiy either needed to strike a deal or the U.S. would be "out". "I am absolutely convinced that the U.S. wants to bring Ukraine to this durable obviously, what they need to get there is to make sure that we'll all work together on this," he said. Asked whether NATO allies would be capable of filling the gaps should the U.S. withdraw its military support from Ukraine, Rutte replied: "Let's move beyond this question. It is crucial that we stay all in this together - the U.S., Ukraine, Europe, that we bring Ukraine to a peace, this is exactly what President Trump is fighting for, what we all are fighting for."
