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Five companies now control over 90% of the restaurant food delivery market

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Re: Five companies now control over 90% of the restaurant food delivery market

#141

This is essentially the story of tech companies across nearly every industry where they have come to dominate. This is one reason that I see most tech companies as essentially a net negative for society at large, as the goal is nearly always to control a large monopoly (and this is fully admitted by many tech leaders, e.g. Thiel) which the Internet makes possible. Pre-Internet you would see the same dynamics, but usu…

Big business is the engine that drives the economy. Small businesses are the future big businesses. Economies where big business is discouraged don't do very well. Small business doesn't have economy of scale, nor can it raise the capital to do big projects.

> extreme concentration of wealth

Big business does not concentrate wealth. What you're seeing is the creation of wealth. This created wealth then flows out into the rest of the economy, via paying the workers and buying plant&equipment, etc.

Re: Five companies now control over 90% of the restaurant food delivery market

#142

This is essentially the story of tech companies across nearly every industry where they have come to dominate. This is one reason that I see most tech companies as essentially a net negative for society at large, as the goal is nearly always to control a large monopoly (and this is fully admitted by many tech leaders, e.g. Thiel) which the Internet makes possible. Pre-Internet you would see the same dynamics, but usu…

Big business is the engine that drives the economy. Small businesses are the future big businesses. Economies where big business is discouraged don't do very well. Small business doesn't have economy of scale, nor can it raise the capital to do big projects. > extreme concentration of wealth Big business does not concentrate wealth. What you're seeing is the creation of wealth. This created wealth then flows out into…

How big is big? There are big businesses such as Ford and then there are big businesses like Nvidia or Amazon.

We should encourage more Fords and fewer Amazons.

Re: Five companies now control over 90% of the restaurant food delivery market

#144

This is essentially the story of tech companies across nearly every industry where they have come to dominate. This is one reason that I see most tech companies as essentially a net negative for society at large, as the goal is nearly always to control a large monopoly (and this is fully admitted by many tech leaders, e.g. Thiel) which the Internet makes possible. Pre-Internet you would see the same dynamics, but usu…

There's a George Carlin bit about politicians. The punchline is "the problem isn't the politicians, it's the people." His point is that nothing emerges from a vaccuum. Politicians are people just like everyone else, they're just responding to incentives created by a majority vote. Tech companies are just like any other company, except a lot more people are willing to pay for their goods and services. If Carlin were a…

"Monopoly" used to mean a single company controlling a market. Now folks are now hollering "monopoly" about five different companies competing and collectively capturing 90% of a market?

Plus the market is artificially defined to be small. It excluded companies that do their own delivery (pizza places and others), home food delivery that isn't from restaurants, and the old option of just driving yourself to a restaurant.

There's thriving competition in the industry of getting people food, and lots of options that didn't even exist a decade ago. Crazy that it's being spun as the exact opposite.

Re: Five companies now control over 90% of the restaurant food delivery market

#145

Earlier quoted context omitted.

There's a George Carlin bit about politicians. The punchline is "the problem isn't the politicians, it's the people." His point is that nothing emerges from a vaccuum. Politicians are people just like everyone else, they're just responding to incentives created by a majority vote. Tech companies are just like any other company, except a lot more people are willing to pay for their goods and services. If Carlin were a…

Here's the bit on Youtube (I couldn't find an Archive link): https://www.youtube.com/watch?v=LrSAxtIYM08 This is the right conclusion, and I love sharing that video for that reason. As of 2025 everyone globally has everything they need to make the world a great place for everyone. Instead, people continue to take the lowest energy route for their personal actions, which means they do not even think about the external…

> I've tried to start multiple non-heirarchical anarchist cooperative organizations and the number one challenge is finding people who will put the group ahead of the individual. It just doesn't happen.

I could have saved you the trouble if you'd just asked me!

Over 20,000 communes have been started in the US. None have survived. What baffles me is why people keep believing they can work.

Free markets work because it harnesses the inherent selfishness of everybody, rather than trying to override selfishness.

Re: Five companies now control over 90% of the restaurant food delivery market

#146

Earlier quoted context omitted.

Five companies in an industry isn't a monopoly. That's very competitive actually.

How? Do these 5 companies even operate in the same places? Around here we have DoorDash, Uber Eats, and that’s pretty much it. We have SkipTheDishes, which was present before the other two outside urban areas, but I don’t even bother talking about them, most restaurants in the area have switched away from them. The other alternatives just never existed outside highly urban areas or have simply been pushed out by the…

There might be some more specialized ones. I know there's a few more here that only work with Chinese restaurants and mainly advertise in Chinese.

Re: Five companies now control over 90% of the restaurant food delivery market

#147
post #133

I think the truth is restaurant food delivery is a luxgury good, literally “private taxi for your burrito” yet many people spend like it isnt.

It didn't used to be. I delivered pizza in the early 2000s, and the fee was $1 and tip, which was usually $2-3. It was pretty normal people ordering the stuff. And the funny thing is I made about $20 an hour (unadjusted for inflation, ~4 deliveries per hour + $5 an hour). Today the drivers still around that amount, the restaurants pay more and the companies operating are often operating at a loss. Something very stra…

Not really hard to understand when a VC backed company needs to show returns to their investors.

Restaurants get less than 50% of the order total. The only parties winning from this shift are the delivery companies.

Re: Five companies now control over 90% of the restaurant food delivery market

#150

Earlier quoted context omitted.

Here's the bit on Youtube (I couldn't find an Archive link): https://www.youtube.com/watch?v=LrSAxtIYM08 This is the right conclusion, and I love sharing that video for that reason. As of 2025 everyone globally has everything they need to make the world a great place for everyone. Instead, people continue to take the lowest energy route for their personal actions, which means they do not even think about the external…

> I've tried to start multiple non-heirarchical anarchist cooperative organizations and the number one challenge is finding people who will put the group ahead of the individual. It just doesn't happen. I could have saved you the trouble if you'd just asked me! Over 20,000 communes have been started in the US. None have survived. What baffles me is why people keep believing they can work. Free markets work because it…

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