Uber has become increasingly reliant on food delivery during the pandemic.
Reuters
The DOJ is taking a closer look at Uber’s plans to buy Postmates, Uber disclosed in a regulatory filing Friday.
The “second request,” as it’s called, puts the deal on hold indefinitely until both companies “substantially comply” with the government’s request for more details and it gives the deal a green light.
But the DOJ’s request signals it’s “concerned about the deal,” Sam Weinstein, a former DOJ antitrust lawyer, told Business Insider.
Uber pivoted to buy Postmates after merger talks with Grubhub reportedly fell through over similar antitrust concerns as the platform …read more
Source:: Business Insider
