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Amazon hit with $72,000 fine for handing in Deliveroo deal documents too late - Building Online Business
Matthew Horwood/Getty Images Amazon took too long to submit 189 documents related to its purchase of a 16% stake in UK food delivery startup Deliveroo, and now faces a fine. Amazon bought the stake in 2019, and the deal was investigated by a UK regulator over concerns the purchase could harm competition. The investigation finished in August, but the Competition and Markets Authority hit Amazon with a fine on Monday, saying the tech giant had “no reasonable excuse” for handing in documents late. Visit Business Insider’s homepage for more stories. Amazon was hit with a £55,000 ($72,364) fine on Monday
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