Amazon gets thumbs up to buy stake in Deliveroo

The Competition and Markets Authority (CMA) said that it would allow Amazon to push ahead with plans to buy 16% of Deliveroo after a months-long investigation.

The UK’s competition watchdog has cleared the way for Amazon to take a stake in food delivery company Deliveroo after finding it would not deal a major blow to competition in the sector.

The Competition and Markets Authority (CMA) said that it would allow the American online giant to push ahead with plans to buy 16% of the British business after a months-long investigation.