Overview

• Delivery Hero must pay €223 million while Glovo faces a €106 million penalty for their roles in the cartel.
• EU regulators found the companies coordinated pricing, divided local markets and agreed not to poach each other’s employees.
• The probe began with unannounced inspections at Delivery Hero’s Berlin offices and Glovo’s Barcelona headquarters in November 2023.
• Evidence shows the unlawful agreements took place before Delivery Hero completed its full takeover of Glovo in July 2022.
• Delivery Hero had provisioned €186 million while warning of a possible fine above €400 million ahead of the EU’s ruling.