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Uber, foodpanda and FTC
Bernstein Unconvinced Uber Will Win If It Appeals Against Taiwan FTC On Foodpanda Acquisition: Retail’s Upbeat On Stock
After Taiwan’s anti-trust regulator rejected Uber Technologies’ bid to acquire Delivery Hero’s Foodpanda, citing anti-competitive concerns, Bernstein reportedly said they remain unconvinced if Uber will win if it decides to appeal against the decision.
Taiwan FTC halts Uber’s Foodpanda deal over competition issues
Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda operations, citing concerns over potential anti-competitive effects in the market.
FTC blocks Uber’s Foodpanda plan
Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the Fair Trade Commission (FTC) said yesterday, citing anti-competitive concerns.
Free Malaysia Today
2d
Taiwan blocks Uber’s US$950mil purchase of Delivery Hero unit
“The main competition for Uber Eats comes from
Foodpanda
,” Fair Trade Commission (
FTC
) vice-chairperson Chen Chih-min ...
Yahoo Finance
2d
Taiwan Blocks Uber's $950M Foodpanda Deal Over Antitrust Concerns
Taiwan, home to the local companies involved, has blocked Uber Technologies' (UBER, Financial) proposed $950 million ...
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