The EU has imposed a €329 million fine on Delivery Hero and its Spanish subsidiary Glovo for antitrust violations regarding their market operations. Investigations revealed that between 2018 and 2022, the two companies colluded to limit competition by exchanging sensitive information, agreeing not to recruit each other's employees, and dividing food delivery markets. The European Commission emphasized the detrimental impact of such practices on consumer choice and employee opportunities. The companies admitted to their involvement and accepted the fines, with Delivery Hero being fined €223 million and Glovo €106 million.
"Cartels like this reduce choice for consumers and business partners, reduce opportunities for employees and reduce incentives to compete and innovate," the EU Commission said.
"This case is important because these practices were facilitated through an anticompetitive use of Delivery Hero's minority stake in Glovo," EU competition chief Teresa Ribera said.
"Delivery Hero and Glovo agreed not to recruit each other's employees, initially focusing on managers but later extending to all staff except self-employed delivery drivers."
"By July 2020, the firms had stopped competing entirely by avoiding overlapping markets, limiting consumer choice and likely raising prices."
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