Uber's Foodpanda Acquisition Blocked in Taiwan Due to Competition Concerns
Uber's Foodpanda Acquisition Blocked in Taiwan Due to Competition Concerns
Taiwan's Fair Trade Commission (FTC) has reportedly blocked Uber Technologies, Inc. (NYSE:UBER) $950 million acquisition of Delivery Hero's Foodpanda business due to anti-competitive concerns.
臺灣公平貿易委員會(FTC) reportedly 已阻止優步科技公司(紐交所:UBER)95000萬美元收購外賣英雄的Foodpanda業務,原因是反競爭擔憂。
The merger, which was initially announced in May 2023, would have significantly increased Uber Eats' dominance in Taiwan's food delivery market, giving the combined company over 90% of the market share, Reuters reports.
根據路透社的報道,該合併最初於2023年5月宣佈,將顯著提高優步外賣在臺灣外賣市場的主導地位,使合併後的公司佔據超過90%的市場份額。
The FTC cited concerns that the merger would eliminate Foodpanda as Uber Eats' main competitor, reducing market pressure on the combined entity.
聯邦貿易委員會提出擔憂,認爲合併將消除Foodpanda作爲優步外賣的主要競爭對手,從而減少對合並實體的市場壓力。
The commission argued that without this competition, Uber would have less incentive to keep prices low for consumers or commissions reasonable for restaurant partners.
委員會認爲,若沒有這種競爭,優步將缺乏動力保持消費者的低價格或對餐廳合作伙伴的合理佣金。
With a huge market share, the merger could have led to higher prices and less choice for consumers, undermining the competitive landscape of Taiwan's food delivery sector.
憑藉巨大的市場份額,合併可能導致價格上漲,並減少消費者的選擇,破壞臺灣外賣板塊的競爭格局。
The deal was scrutinized by the FTC after Uber filed the application in November 2023. The commission stated that the merger's negative effects would outweigh any economic benefits.
在優步於2023年11月提交申請後,該交易受到聯邦貿易委員會的審查。委員會表示,合併的負面影響將超過任何經濟利益。
Also Read: Elon Musk Calls Jeff Bezos' Ex-Wife MacKenzie Scott's $19 Billion Charitable Donations 'Concerning'
另請閱讀:埃隆·馬斯克稱讚傑夫·貝索斯的前妻麥肯齊·斯科特的190億慈善捐贈'令人擔憂'
The FTC also noted that corrective measures would not be sufficient to address these concerns.
聯邦貿易委員會還指出,糾正措施不足以解決這些擔憂。
In response, Uber and Delivery Hero said they might appeal the decision or consider terminating the acquisition.
對此,優步和外賣英雄表示他們可能會對這一決定提出上訴或者考慮終止收購。
Uber was optimistic about the deal, as it had hoped the merger would help boost its delivery business by contributing $150 million annually to its adjusted core profit.
優步對這項交易持樂觀態度,因爲他們希望此次合併能夠通過每年爲其調整後的核心利潤貢獻15000萬美元來推動其外賣業務。
While online food delivery platforms in Taiwan account for a small fraction of the broader food delivery market, Foodpanda's operations had reached breakeven in adjusted core earnings by March 2024.
雖然臺灣的在線外賣平台在更廣泛的外賣市場中佔據的份額很小,但Foodpanda的運營到2024年3月已經實現了調整後的核心收益的盈虧平衡。
The proposed merger was expected to be finalized in the first half of 2025, but now faces significant regulatory hurdles in Taiwan.
該合併預計將在2025年上半年完成,但現在在臺灣面臨重大的監管障礙。
This decision highlights ongoing scrutiny of mergers in the tech and delivery sectors, as regulators assess their long-term impact on competition and consumers.
這一決定突顯了對科技和外賣板塊合併的持續審查,因爲監管機構在評估其對競爭和消費者的長期影響。