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The European Commission announced an investigation into possible cartel activity by German food delivery company Delivery Hero in a press release on Tuesday. Delivery Hero acquired Glovo, a Spain-based food delivery company, in July 2022, after previously holding a minority stake in the company since 2018. The European Union’s top competition watchdog suspects that prior to the acquisition, the companies carved up “geographic markets and shared commercially sensitive information.” Competition law does not permit companies to collude in ways that discourage competition. The commission also said…

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