The brokerage also opined that even if Uber decides to appeal against the FTC’s decision ... that Uber Eats' main competition comes from Foodpanda, highlighting that their combined market ...
Taiwan’s Federal Trade Commission (FTC) has blocked Uber Technologies’ (UBER) proposed $950 million acquisition of Delivery Hero’s (DE:DHER) Foodpanda business on competitive concerns.
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 ...
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 ...
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.
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 ...
"In the food delivery platform market, UberEats' main competitive pressure comes from Foodpanda. The merger would eliminate this competitive pressure," Chen Chih-min, vice chairman of Taiwan's FTC ...
Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition. The US ride ...
purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Dec 25. Uber and Foodpanda did not ...
Noting that the merged entity will have over 90% market share on completion, Taiwan’s FTC vice chairman Chen Chi-ming stated, “If Uber acquires Foodpanda, it will be completely unrestrained by ...
"In the food delivery platform market, UberEats' main competitive pressure comes from Foodpanda. The merger would eliminate this competitive pressure," Chen Chih-min, vice chairman of Taiwan's FTC ...
"If Uber acquires Foodpanda, it will be completely unrestrained by competition," Taiwan's Fair Trade Commission (FTC) vice chairman Chen Chi-ming told a press conference. "The disadvantages to ...