EU Commission Fines Delivery Hero, Glovo €329m For Cartel
The European Commission on Monday issued a fine totaling 329 million (376 million dollars) to Delivery Hero and former rival Glovo for participating in an online food delivery cartel. German company Delivery Hero became a minority shareholder of Spain-based Glovo in 2018, before acquiring sole control of Glovo in 2022. Delivery Hero owns several other…