Amazon fined over CMA delay
AMAZON has been fined £55,000 by the Competition and Markets Authority over its failure to meet deadlines for handing over documents during the inquiry into its investment in food delivery business Deliveroo.
The CMA has issued Amazon with two separate fines of £30,000 and £25,000 over what it says were “serious and flagrant” issues in which it sometimes took months to hand over documents requested by the watchdog. Amazon’s $557m (£423m) deal to buy 16pc of Deliveroo was approved last month, 15 months after it was first announced.
The CMA said in April that it would provisionally clear the agreement because Deliveroo had warned it desperately needed cash to stave off collapse during the pandemic. The regulator cleared the deal after a lengthy investigation found it would not substantially decrease competition.
Amazon blamed “technical issues” for its failure to meet CMA deadlines to hand over information including emails and documents about its plans for food deliveries in the UK. It attempted to retrieve documents by reformatting a laptop after the CMA complained that many of the 157 documents turned over in response to one request for data were emailed meeting invitations.
The watchdog said “although Amazon did ultimately provide all the
information required, the CMA considers that Amazon’s behaviour caused unnecessary delays”.
An Amazon spokesman said: “We are committed to supporting regulatory bodies in their work.
“We cooperated fully with the CMA’s inquiry and worked hard to provide large volumes of information in a timely manner. All requested documents were provided to the CMA.”