Global eCommerce giant, Amazon Inc has issued a defense against the UK’s competition watchdog’s decision to block its takeover plan for Deliveroo.
Deliveroo is a British online food delivery group.
Earlier today UK’s competition watchdog, Competition and Markets Authority, CMA said it has begun an enforcement order against Amazon’s planned acquisition of Deliveroo.
The eCommerce giant said in a statement that the acquisition will benefit the average UK consumer.
“We believe this minority investment will enable Deliveroo to expand its services, benefiting consumers through increased choice and creating new jobs as more restaurants gain access to the service,” Amazon said in an emailed statement.