Provisional clearance for Just Eat / Hungryhouse merger
The UK’s Competition and Markets Authority (CMA) has reached a “provisional conclusion” that Just Eat’s acquisition of Hungryhouse does not raise competition concerns. The two companies both run online food ordering platforms.
In a statement issued today (12 October), the CMA said that a group of independent panel members investigating the merger “found that Hungryhouse presently provides limited competition to Just Eat because it is much smaller in size and offers too few unique restaurants, making it increasingly difficult for Hungryhouse to attract and retain consumers”.
The CMA added: “Furthermore, it found that the industry is evolving rapidly following the entry of platforms, such as Deliveroo, UberEATS and Amazon, which also manage or facilitate delivery services on behalf of restaurants. These companies generally present a greater competitive challenge to Just Eat than Hungryhouse, and this is likely to grow as they expand.”
Triangle Management Services, the publisher of Post&Parcel, will be running a Post&Parcel Live Food Delivery Seminar in London in the New Year. If you would be interested in speaking at, or attending, the event please contact Triangle’s Content Manager Holly Chadley (Tel: +44 (01)628 642 910; Email: [email protected]).
