Regulators are coming for the food delivery companies.
Recently, New York City and San Francisco placed permanent fee caps over how much third-party delivery services could charge restaurants. The companies were charging as much as 30% per order until various cities cracked down on them during the pandemic and capped how much they could charge. Other markets like Las Vegas and Seattle that instituted temporary caps could also make them permanent.
The food delivery companies have attracted antitrust scrutiny as well. The US Federal Trade Commission is reportedly investigating two of Uber’s deals made earlier this year, including the acquisition of Drizly, an alcohol delivery service, and an exclusive partnership with GoPuff, a convenience food delivery service, reflecting concerns over Uber’s increasing market power.
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