The Court for the Defense of Free Competition (TDLC) has officially ratified a final conciliation agreement between the National Economic Prosecutor’s Office (FNE) and the parent companies of Pedidos Ya and Glovo. The settlement concludes a legal battle initiated in May 2025, when the FNE accused Delivery Hero S.E. and Glovoapp23 S.A. of executing an international market-allocation agreement. This anti-competitive coordination resulted in Glovo’s exit from the Chilean market, as well as similar maneuvers in Egypt, Peru, and Ecuador.
Under the terms of the agreement, the companies—which now function as a single economic entity—are required to pay approximately $31.5 million USD to the public treasury. This figure represents the largest payment ever committed by a single economic agent in a free competition case in Chile, surpassing previous record-breaking fines in the poultry, pharmaceutical, and professional soccer industries. Delivery Hero S.E. will bear the vast majority of the financial burden, with the remainder covered by Glovoapp23 S.A.
Beyond the monetary penalty, Delivery Hero S.E. has committed to a five-year compliance program. This involves mandatory annual training on free competition laws for the top executives of its Chilean subsidiary, Pedidos Ya. The execution of this program must be regularly reported to the FNE to ensure long-term adherence to local market regulations and to prevent future infractions within the digital platform sector.
National Economic Prosecutor Jorge Grunberg highlighted that this case demonstrates the effectiveness of the Chilean legal system in pursuing cartels, even when anti-competitive acts are orchestrated abroad but produce detrimental effects locally. He noted that the settlement aligns with global standards for competition agencies, signaling that asset transfers and minority stakes cannot be used as a front for market coordination. This resolution is part of a broader, ongoing effort by the FNE to scrutinize digital marketplaces and ensure fair competition in the evolving tech landscape.