Uber’s Potential Acquisition of Grubhub Continues to Worry Politicians

As Uber contemplates acquiring Grubhub (GRUB), politicians are forced to address how the deal could impact the public. During an appearance on the TD Ameritrade Network, Brad Gastwirth, Chief Technology Strategist, outlined how the acquisition could capture $100 million dollars in overlap between the companies. Additionally, he believes the deal will lower competition across the industry.

For more comments from Brad Gastwirth, view his full appearance.