In March 2017, the CMA launched its inquiry into the acquisition and, as a result, on 10 May 2017 the CMA announced that the acquisition “ may be expected to result in a substantial lessening of competition within [the takeway food delivery market] in the UK “.
As such, the CMA announced that the enquiry would move to Phase 2, unless the parties could offer undertakings to address these concerns by 17 May 2017. They declined to do so and on 19 May 2017 the CMA issued its decision to move to Phase 2.
Areas of concern The CMA rejected arguments from Just Eat and Hungryhouse that the merger would not result in a loss of competition due to the recent proliferation of other food delivery services such as Deliveroo and Uber Eats. The CMA noted that these platforms offered delivery services from traditional restaurants, […]