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Uber, DoorDash and Grubhub sue New York City over $18 minimum-wage law
(www.engadget.com)
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this post was submitted on 07 Jul 2023
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Can’t afford the new minimum wage, but they can afford the lawyers and the lawsuit.
Lawsuit is a one time expense, paying fair wages would cost them forever
It is not that they can't afford, they will rise the prices and because of that they will lose lots of customers, so they will contract and as result the absolute amount of profits will be reduced.