DOJ antitrust division reviewing Uber's plans to buy Postmates - Business Insider

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DOJ antitrust division reviewing Uber's plans to buy Postmates - Business Insider
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Uber's push to expand its food delivery empire just hit another roadblock as the DOJ scrutinizes its plan to buy Postmates

to require the companies to provide more details about things like pricing, customers, and market share.

"Some very small percentage of [merger] filings go to second request," he said. Other antitrust lawyers confirmed to Business Insider that agencies file second requests in fewer than 10% of proposed deals. At that point, another 30-day waiting period kicks in, and then the DOJ can either go to court to block the deal, let it proceed, or come to an agreement with the companies to buy more time to investigate.

 

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