UK Regulator Fines Amazon Over Delayed Responses to Information Requests
07 September 2020 - 11:12PM
Dow Jones News
By Adria Calatayud
The U.K.'s Competition and Markets Authority said Monday that it
has fined Amazon.com Inc. for a delay in providing complete
responses to information requests linked to the tech giant's
investment in London-based startup Deliveroo.
The antitrust regulator said it has imposed penalties of 25,000
pounds ($33,203) and GBP30,000 relating to Amazon's incomplete
responses to two sets of statutory information requests, which
resulted in 189 documents being produced after the initial
deadline.
The CMA said Amazon did ultimately provide all of the
information required, but said it believes the company's behavior
caused unnecessary delays to an investigation into the Deliveroo
investment.
The CMA cleared Amazon's 16% investment in the food-delivery
startup last month, following an in-depth investigation.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
September 07, 2020 08:57 ET (12:57 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From Apr 2024 to May 2024
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From May 2023 to May 2024