UK watchdog opens formal probe of Amazon Deliveroo deal

(Reuters) - Britain's competition regulator said on Wednesday it had launched a formal investigation into Amazon.com Inc's investment in food delivery company Deliveroo, setting a December 11 deadline for a decision https://reut.rs/2ONs4b0 on the first phase of its probe.The Competition and Markets Authority (CMA) said it was looking into whether Amazon's investment in May, when it led a $575 million fundraising, could result in a "substantial lessening of competition" within the United..