EU Opens Investigation into Delivery Hero and Glovo for Possible Cartel, Hefty Fines Possible

Jul 23, 2024, 11:10 AM

The European Union has opened an in-depth investigation into Delivery Hero and its Spanish subsidiary Glovo. The probe aims to determine whether the companies have illegally colluded to form a cartel within the online food delivery market. This investigation could lead to hefty EU fines for both companies if they are found guilty of antitrust violations.