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DoorDash, GrubHub, Uber Sue NYC – What You Need To Know

DoorDash, GrubHub, Uber Sue NYC - What You Need To Know

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DoorDash Inc (NYSE: DASH), GrubHub Inc (NASDAQ: GRUB), and  Uber Technologies (NYSE: UBER) Eats have sued New York city for installing permanent fee caps on emergency delivery during the pandemic, CNBC reports. The companies alleged the City Council’s cap of 23%, which translated into a 15% fee cap for delivery and 5% for app listing, and 3% for credit-card processing fees, had cost them hundreds of millions of dollars, the Wall Street Journal reports.

...read full article on Benzinga

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