- New York just passed a temporary 15% cap on third-party delivery commissions and a limit of 5% on marketing contributions and other related fees. And Uber Eats, which just made a bid to buy Grubhub, is locked in a bitter feud with Jersey City Mayor Steve Fulop.
- Food delivery is booming during the pandemic, and so is the conflict over how third-party delivery companies operate.
- Now that many restaurants rely on third-party delivery for a majority of their income, the fees and commissions delivery companies charge are swallowing most of the profit.
- Delivery companies are also far from profitable. And Uber Eats’ bid to acquire Grubhub isn’t likely to change that.
EU politics
Chris Dillow – Capitalist triumphalism: a brief history
Everyone has become accustomed to capitalism as the only game in town. Much progressive thought goes towards making it fairer and more socially responsible. Chris Dillow asks if maybe its time is past and we […]
EU politics
AP News: Political neophyte Stefanos Kasselakis elected new leader of Greece’s main opposition Syriza party
A centrist banker who has lived in the US for most of his life and has no political experience has taken over Syriza. You couldn’t make it up. Read the article HERE.
Climate Crisis
Scisco Media: The Shaky Political Viability of Forcing Fracking upon Communities
The protests against fracking in the UK are increasing despite the ramping up of repression. The courts and police appear to be in full confrontation mode. All paid for by the taxpayer, the majortiy of […]
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