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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 Taipei Times27d
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 ...
Yahoo Finance26d
Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says
UberEats’ main competitive pressure comes from Foodpanda. The merger would eliminate this competitive pressure,” Chen Chih-min, vice chairman of Taiwan’s FTC, said, according to Reuters.
Taiwan News27d
Taiwan FTC blocks Uber Eats-Foodpanda merger
TAIPEI (Taiwan News) — Taiwan's FTC announced it will block the merger between Uber Eats and Foodpanda on Wednesday, citing concerns about market overconcentration. Uber Eats had announced on May 14 ...