#Latest news with #takeoutdeliveryBloomberg02-06-2025BusinessBloombergDelivery Hero Hit by €329 Million EU Fine for Glovo CollusionDelivery Hero SE agreed to pay a total of €329 million ($376 million) to settle a European Union probe into collusion with Glovo before it sealed a takeover of its Spanish rival. The European Commission announced the penalty on Monday, saying the pair had previously plotted to carve up takeout delivery markets in Europe, shared sensitive commercial information on WhatsApp messages and also agreed to avoid poaching each other's staff.
Bloomberg02-06-2025BusinessBloombergDelivery Hero Hit by €329 Million EU Fine for Glovo CollusionDelivery Hero SE agreed to pay a total of €329 million ($376 million) to settle a European Union probe into collusion with Glovo before it sealed a takeover of its Spanish rival. The European Commission announced the penalty on Monday, saying the pair had previously plotted to carve up takeout delivery markets in Europe, shared sensitive commercial information on WhatsApp messages and also agreed to avoid poaching each other's staff.