<ul><li>Barcelona-based delivery startup Glovo and German counterpart Delivery Hero have been fined €329 million by the European Commission for market manipulation and anti-competitive practices.</li><li>The companies were found guilty of collusion in the online food delivery sector, including market-sharing agreements, coordination over territorial expansion, and a 'no-poach' pact to not recruit each other's employees.</li><li>The European Commission has imposed fines of €105 million on Glovo and €223 million on Delivery Hero. This case marks the first labor market cartel to be sanctioned under EU rules.</li><li>The investigation revealed that the collusion was facilitated through a blend of informal meetings and electronic communications, affecting the online food delivery sector across the European Economic Area.</li></ul>

Glovo and Delivery Hero fined €329 million for market manipulation across Europe

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