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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 $950m acquisition of Delivery Hero's Foodpanda operations, citing concerns over potential anti-competitive effects in ...
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M&A News: Taiwan Blocks Uber’s Foodpanda Acquisition on Competitive Concerns
Taiwan’s Federal Trade Commission (FTC) has blocked Uber Technologies’ ($UBER) proposed $950 million acquisition of Delivery ...
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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.
The Taipei Times24d
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 ...