Competition probe into Just Eat and Takeaway.com merger ‘shocking and unwarranted’, says investor
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A major investor has branded a competition investigation into the £5.9bn merger between Just Eat and Takeaway.com “shocking and clearly unwarranted”. “It is shocking that the CMA would investigate the Just Eat merger with Takeaway.com,” said Alex Captain, founder and managing partner of Cat Rock Capital. “Amazon has a large UK business with millions of customers that it could leverage to re-enter the UK online food delivery market and increase competition,” Mr Captain added. The competition watchdog said: “Information we now have available to us suggests that Takeaway.com could have been well-placed to enter the UK market, if the merger hadn’t happened, and compete with Just Eat – so it’s important we open a formal investigation to find out more about this.
History of this topic
Just Eat Takeaway.com set to be acquired by tech investor Prosus for nearly $4.3 billion
Associated Press
Just Eat to be bought out in huge deal to shake up food delivery sector
The Independent
Just Eat to be bought by investment group Prosus in £3.4bn deal
The Independent
Prosus bids €4.1 billion for delivery group Just Eat Takeaway
Dutch News
Just Eat Takeaway acquired in €4.1 billion deal
NL Times
Just Eat Takeaway sells US arm GrubHub at a massive loss
Dutch News
Just Eat owner reports best ever final quarter in UK
The Independent
Just Eat increases annual earnings outlook, but orders continue to fall
The Independent
Just Eat owner to sell stake in iFood for £1.5bn
The Independent
Just Eat Takeaway.com removed from FTSE as it loses UK nationality
The Independent
Investors look to earnings and US strategy in Just Eat’s results
The Independent
Just Eat Takeway sees sales soar 54% in the year coronavirus hit
Dutch News
Just Eat Takeaway doubled its orders in Canada. It’s coming for the US next
CNN
Just Eat swallows Grubhub creating restaurant delivery giant
Associated Press
Takeaway.com wins battle to buy Just Eat in £5.9bn deal
The Independent
Just Eat to merge with Takeaway.com as Naspers loses out
CNN
Prosus sweetens bid to break up Just Eat's Takeaway.com merger plans but it needs more to win the order
The Independent
Just Eat: A takeover battle for the UK food delivery company is heating up
CNN
Just Eat: Second Dutch-based firm makes takeover bid for food-delivery company
The Independent
Just Eat: Prosus makes takeover bid as it tries to beat Uber Eats and Deliveroo
CNN
Just Eat in £9bn merger with Takeaway.com to create global food delivery giant
The Independent
Just Eat gobbled up by Dutch rival Takeaway.com
The Independent
Just Eat and Takeaway.com team up to fight Uber and Amazon in Europe
CNN
Food delivery merger? Just Eat confirms it could be bought by Dutch rival Takeaway.com
CNN
Just Eat's revenue soars as online takeaway firm targets £1bn of annual sales
The Independent
Just Eat leapfrogs Sainsbury’s in market value putting it on track to join FTSE 100
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