Loading...
Market
What will be the amount of fines imposed on Glovo by the EU if found guilty by the end of 2024?
2
Resolution / Starting Odds
Less than €50 million • 25%
€50 million to €200 million • 25%
€200 million to €500 million • 25%
More than €500 million • 25%
Official announcement from the European Union
Story
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.
View original story
Similar markets
Yes • 50%
No • 50%
Less than 200 million euros • 25%
200-300 million euros • 25%
300-400 million euros • 25%
More than 400 million euros • 25%
Less than €1 billion • 33%
Between €1 billion and €5 billion • 33%
More than €5 billion • 33%
Google • 25%
Amazon • 25%
Apple • 25%
Other • 25%
No fine • 25%
Up to €500 million • 25%
€500 million to €1 billion • 25%
More than €1 billion • 25%
Less than 5% of annual turnover • 25%
5% to 7.5% of annual turnover • 25%
7.5% to 10% of annual turnover • 25%
More than 10% of annual turnover • 25%
Up to 2% of global revenue • 25%
2% to 4% of global revenue • 25%
4% to 6% of global revenue • 25%
No fine imposed • 25%
Appeal successful, fines reduced • 25%
Appeal successful, fines nullified • 25%
Appeal unsuccessful, fines upheld • 25%
Ongoing appeal process • 25%
