Uber Files A Lawsuit Against Doordash Over Anticompetitive Conduct. 'Underhanded Tactics Have Cost Uber Millions Of Dollars In Revenue' - DoorDash (NASDAQ:DASH), Uber Technologies (NYSE:UBER)
1. Uber sued DoorDash for anticompetitive practices affecting restaurant costs. 2. Uber claims DoorDash's tactics harmed its revenue and Uber Direct growth. 3. DoorDash maintains Uber's lawsuit is baseless, citing their service quality. 4. Food delivery market is competitive, with DoorDash holding over 60% market share. 5. Uber's CEO expresses confidence in Uber Eats' competitive positioning.