SEVA_ schreef op 27 augustus 2021 13:34:
twitter.com/jitsegroen/status/1431215...The NYC fee cap was already in our EBITDA guidance. Fee caps increase delivery fees for consumers, and therefore lead to a reduction of orders for both restaurants and couriers. We believe that these fee caps are unconstitutional, and we will join the industry to oppose them.
Hi Jitse, can you please explain why consumers end up paying more? Marketplace max 5% fee and delivery 15%. So capped at 20%. Will the consumer get an extra fee? So your break even guidance 2022 stands firm? Trying to get things clear.
Yes, we see fee caps falling away as upside. Consumers will pay more because obviously somebody has to pay for the service. As said though, Fee caps are price controls that shift revenues from one class of businesses to another and invalidate lawful contracts between
private businesses, violating both the U.S. and New York’s Constitutions' First Amendments, as well as the Contracts, Due Process, Equal Protection and Takings Clauses. They also violate the U.S. Dormant Commerce Clause.