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Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined mark


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2024-12-25 12:25:50
milo
Developers , Cybersecurity Business

Bloomberg:

Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+  —  - Fair Trade Commission concerned deal would limit competition  — Uber had sought Delivery Hero's Foodpanda unit in Taiwan




Bloomberg:

Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+  —  - Fair Trade Commission concerned deal would limit competition  — Uber had sought Delivery Hero's Foodpanda unit in Taiwan



Source: TechMeme
Source Link: http://www.techmeme.com/241225/p7#a241225p7


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