LONDON (Technology) – The competition regulator of Britain cleared Takeaway.com’s takeover of UK rival Just Eat with an assurance that the 6.2 billion pound deal would not reduce competition.
Takeaway.com beat Prosus in the battle to buy Just Eat in January.
The Competition and Markets Authority (CMA) of Britain investigated the deal to analyse whether Takeaway.com could likely to re-enter the UK market without the acquisition, thereby creating competition to Just Eat and Uber Eats or Deliveroo.
There did not seem to be a material likelihood of that happening if it blocked the deal, and it, therefore, gave it the green light.
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