Summary
Uber has filed a lawsuit against DoorDash over anticompetitive practices in the US food delivery market. Uber claims that DoorDash is bullying restaurants into exclusive deals, stifling competition and restricting the growth of rival services like Uber Direct. The lawsuit seeks damages for losses incurred due to these alleged practices.
Key Points
Uber claims that DoorDash handles first-party deliveries for over 90% of the largest enterprise restaurants in America
DoorDash is accused of threatening to increase rates or remove a restaurant's position on its app if they choose not to use its services
Uber alleges that these anticompetitive practices have cost the company millions of dollars in revenue and restricted the growth of Uber Direct
Why It Matters
The lawsuit highlights the intense competition in the US food delivery market, where companies like Uber and DoorDash are vying for dominance. The outcome could have significant implications for the industry's future.
Author
Kirsten Korosec, Maxwell Zeff