06-07-2020 22:01 via uk.news.yahoo.com

Uber, Postmates deal would dominate Los Angeles, Miami markets

Uber Technologies Inc'splan to buy Postmates Inc could pose problems in Miami and Los Angeles where the two dominate the food delivery market, according to antitrust experts who said it would be difficult to set up an asset sale to resolve the issue.Uber, the No. 3 in restaurant food delivery, said on Monday it would buy No. 4 Postmates for $2.65 billion after its plan to buy Grubhub Incfell apart.With the deal, Doordash remains the industry leader at 45% of sales for May, Uber Eats becomes No.
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