Just Eat’s £6bn takeover facing delay as competition watchdog launches surprise probe
The Competition and Markets Authority is examining Just Eat’s tie-up with Dutch rival Takeaway.com
The £6billion takeover of Just Eat could be delayed because of a surprise competition probe by regulators.
The Competition and Markets Authority (CMA) last night confirmed it was examining the company’s tie-up with Dutch rival Takeaway.com despite previously indicating it posed no concern.
The inquiry is looking at whether Takeaway.com would have re-entered the UK food delivery market were it not for the deal.
Takeaway.com said its ‘unsuccessful’ UK business was closed in August 2016 and only had revenues of £76,000, because it was ‘unable to compete’ with rivals.