Will's Blog: Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+ (Bloomberg)

25 December 2024

Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+ (Bloomberg)

Bloomberg:
Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+ — - Fair Trade Commission concerned deal would limit competition — Uber had sought Delivery Hero's Foodpanda unit in Taiwan

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