Re:Italy demands €733M in fines from food delivery platforms
by InitialLastName on Thursday February 25, 2021 @05:51PM
(#26269371)
Under a dumping accusation, their competitors are the victims here. Operating at a substantial loss as a strategy to expand your market footprint is pretty textbook anticompetitive.
Re:Italy demands €733M in fines from food delivery platforms
by bilekas on Thursday February 25, 2021 @09:32PM
(#26270855)
I'm sorry but why are competitors not allowed throw money away beating out the other imitators ?
> Operating at a substantial loss as a strategy to expand your market footprint is pretty textbook anticompetitive.
No it's not actually.
That would entice people with a better twist on the idea to do things differently.
Regardless of both our ignorance of market philosophy.
The riders will get screwed here. I'm not gonna applaud the debt of companies like Deliveroo, Ubereats, JustEat etc etc being shafted to riders long term.
Bravo
Restaraunts don't hate it because they don't have to have staff hired to deliver, infact all the logistics of delivery are removed for them.
> The San Francisco-based company reported a fourth-quarter loss of $312 million
Excuse me while I shed a tear for the billion eur company over the riders who will get screwed for this ruling.
DoorDash's business management is not reflective of its customers, who are the riders and restaurants. Who, in this scenario are the losers.