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Amazon and Roo Foods Deal Under Scrutiny


Oct. 17 2019, Updated 12:52 p.m. ET

Online e-commerce platform Amazon (AMZN) has grown to such epic proportions that its every move could cause a ripple effect. Amazon’s investment in the UK-based Roo Foods is creating a massive wave with regulators in the United Kingdom.

The Competition and Markets Authority or CMA has flagged the million-dollar investment from Amazon.com NV Investment Holdings LLC. Now the CMA will be scrutinizing the deal’s market impact. The regulatory body will also release its findings on December 11, 2019. If the CMA remains concerned, it could take the investigation to the next level. Read on to learn more.

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