The head of Prosus said the EU is limiting his plan to invest as much as $15bn in Europe following the technology group’s €4.1bn takeover of Just Eat Takeaway, in the latest warning against the bloc’s approach to antitrust issues.
Fabricio Bloisi said he was “willing” to invest more in the food delivery sector as part of Prosus’s goal of creating a $100bn European tech champion, at a time when US rival DoorDash has just bought Just Eat’s UK-based competitor Deliveroo.
But he said that plan was being held back by Brussels, which only approved the Just Eat deal after Prosus committed to selling down its 27 per cent stake in Berlin-based rival Delivery Hero as well as giving up its seat on the company’s board.