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Delivery Hero, Glovo Fined €329 Million for Cartel Activities

6/4/2025

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Summary

Story summary

Delivery Hero and Glovo have been hit with a staggering €329 million fine by the European Commission for running a secret cartel between 2018 and 2022. The two companies colluded to stifle competition, sharing confidential information and agreeing not to steal each other's talent. Following its acquisition of Glovo in 2022, Delivery Hero will pay €223 million, while Glovo faces a €106 million penalty.

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Story summary

Delivery Hero and Glovo have been hit with a staggering €329 million fine by the European Commission for running a secret cartel between 2018 and 2022. The two companies colluded to stifle competition, sharing confidential information and agreeing not to steal each other's talent. Following its acquisition of Glovo in 2022, Delivery Hero will pay €223 million, while Glovo faces a €106 million penalty.