U.K. Competition Watchdog Probes Amazon's Purchase of Deliveroo

The U.K. competition watchdog launched an investigation into Amazon’s purchase of a large stake in food delivery service Deliveroo, a move that suggests authorities are taking a harder line on the expansion of Big Tech. While the deal had not been billed as a takeover by Amazon, the Competition and Markets Authority said it has “reasonable grounds for suspecting” that the agreement could “result in Amazon and Deliveroo ceasing to be distinct.”