UK CMA fines Amazon for unnecessarily delaying its Deliveroo investigation

Britain’s Competition and Markets Authority (CMA) on Monday announced a £55 thousand fine on Amazon Inc (NASDAQ: AMZN) as it said that the U.S. retail giant failed to present documents within the deadline that resulted in an unnecessary delay in the regulator’s investigation into Amazon’s 16% stake in Deliveroo that was cleared last month. In an announcement last week, Amazon said it created 10 thousand new permanent positions in the United Kingdom. Hiring for 3 thousand of these, as per the U.S. company, had already been completed in recent months.   Amazon made a £437 million investment in Deliveroo last