Overview

• The cartel operated from July 2018 to July 2022 across the European Economic Area, exploiting Delivery Hero’s minority stake in Glovo to coordinate strategies.
• The firms struck agreements not to poach each other’s staff, exchanged commercially sensitive data and divided national delivery territories.
• Delivery Hero boosted its Glovo shareholding from a non-controlling stake in July 2018 to full control by July 2022, a structure that facilitated coordination.
• Both companies admitted their involvement and secured a 10% reduction in penalties by settling early after the European Commission opened its investigation last July.
• The case sets a new precedent for EU antitrust enforcement against minority investments in rivals that enable covert collusion.