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