Delivery companies are being squeezed between investors and new caps on fees ...Middle East

Quartz - Economy
Delivery companies are being squeezed between investors and new caps on fees
source : Quartz ( Middle East ) () 16
Food delivery companies DoorDash, Grubhub, and UberEats filed a lawsuit against New York City Aug. 9 over the city’s cap on how much the platforms can charge restaurants to use their services.In response to the pandemic, the city first imposed the fee cap as a temporary measure to help restaurants stay afloat. But last month it was made permanent, prohibiting food delivery companies from charging more than 15% per order for delivery and more than 5% per order for all other fees (except for transaction fees).US restaurant sales are back to pre-pandemic levels, and the companies argue the price control is no longer related to a public-health emergency but “driven by naked animosity towards thi

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