A British competition regulator on Monday fined Amazon (AMZN.O) 55,000 pounds ($ 72,364) after an online giant delayed an investigation into its 16% purchase at a Deliveroo restaurant for failing to provide documents on time.
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The Competition and Markets Authority (CMA) finally canceled Amazon’s stock purchases in August – for 16 months the company paid $ 575 million in Deliveroo.
The regulator said 189 documents, including a significant amount of information related to the Phase 2 Amazon / Deliveroo probe merger, were not produced until after the first deadline.
