Minority Stakes as a Conduit for Cartelization, and No Poach to Boot: The EU Decision in Delivery Hero/Glovo
On June 2, 2025, the EU Commission (Commission) rendered its decision in re Case AT.40795 Delivery Hero/Glovo (Delivery Hero). This is an important new precedent, to be delivered as part of any deal-making post-integration compliance training. Failure to heed the guidance contained in Delivery Hero is risky, as now also tangibly illustrated by the size…