Mamdani warns DoorDash's $17B Instacart bid could raise prices after $131M settlement

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New York Mayor Zohran Mamdani has voiced concern about DoorDash's planned $17 billion acquisition of Instacart. His criticism comes shortly after the city secured a $131.5 million settlement over DoorDash's wage violations. Mamdani pointed to what he sees as a contradiction between the company's large spending and its past underpayment of delivery workers. Around 264,000 Dashers are set to receive compensation under the settlement. The mayor stressed that workers will need continued protection against large corporations.

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