Deliveroo CEO Will Shu. Photo credit: RISE on Flickr, under Creative Commons license

Following what was termed as an “in-depth” investigation, the UK’s Competition and Markets Authority (CMA) has formally cleared a big investment by Amazon into Deliveroo, the country’s leading food delivery startup, after previously putting the deal on hold to make way for investigations over potential antitrust issues resulting from the investment. The CMA says it made the decision to finally greenlight the investment after concluding that a 16% stake that Amazon was purchasing in Deliveroo will not substantially affect competition in the country’s food delivery market. However, the regulatory agency warns of possible future investigations if Amazon moves to increase its stake in Deliveroo. The investment of concern here is a $575 million funding round led by Amazon.

With the investment secured, Deliveroo has now clinched a total of $1.5 billion in funding since its inception.