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Just Eat deal referred to a phase 2 investigation

The proposed deal between Just Eat and Hungryhouse has been referred to a phase 2 investigation.

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The Competition and Markets Authority has referred the merger for an in-depth investigation as Just Eat has not addressed their concerns.  Phase 2 has been activated as Just Eat failed to produce any evidence to the contrary, the deadline for the final decision is 2 November 2017. 

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In the original investigation the CMA found that the companies were close competitors due to the similarity of their services and their broad geographical coverage.  Earlier this month, Just Eat said it was “committed to demonstrating to the CMA that the market is, and will remain, competitive following completion of the proposed transaction.”

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Just Eat has over 67,000 restaurant partners available to over 17 million customers worldwide. 

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