Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

The Justice Department has cleared Uber’s acquisition of food delivery company Postmates, a source familiar with the deal told Axios Monday.

Why it matters: The DOJ was scrutinizing the $2.65 billion all-stock deal over antitrust concerns as the food delivery sector undergoes consolidation.

  • The DOJ's antitrust division requested more information about the merger earlier this fall.

Details: Uber on Tuesday filed a letter to the antitrust division outlining commitments made in connection with the acquisition, including:

  • Removing exclusivity provisions — which require restaurants to use only Postmates as their third-party food delivery service — in several markets, including Los Angeles, Miami and El Paso.
  • Not entering into any agreement with those restaurants that contains an exclusivity provision for six months following closing.

Flashback: Uber moved to acquire Postmates this summer after talks with GrubHub fell through.

  • Instead, European food delivery company Just Eat Takeaway agreed to buy GrubHub.

Editor's note: This story has been updated to include material from Uber's letter to the DOJ.

Go deeper

Uber and Lyft start rolling out new benefits to California drivers

Photo: ROBYN BECK/AFP via Getty Images

Uber, Lyft and other gig companies are rolling out guaranteed minimum earnings and injury protection, the first of the new worker benefits that they promised in connection with a ballot measure that ensures they don't have to make their drivers employees.

Why it matters: The companies presented these provisions of the ballot proposition — Prop 22, which California voters passed last month — as a compromise between treating drivers as independent contractors and treating them like employees.

Dan Primack, author of Pro Rata
Dec 15, 2020 - Economy & Business

Blade takes electric flight to the public markets

Illustration: Aïda Amer/Axios

Blade, a short-distance aviation company best known for helicopter rides from airports to city centers, agreed to go public via a reverse merger with a special purpose acquisition company (SPAC) affiliated with KSL Capital Partners.

Why it matters: Blade wants to become the first publicly traded company to offer electric vehicles in the air.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: CDC director defends agency's response to pandemic — CDC warns highly transmissible coronavirus variant could become dominant in U.S. in March.
  2. Politics: Biden readies massive shifts in policy for his first days in office.
  3. Vaccine: Fauci: 100 million doses in 100 days is "absolutely" doable.
  4. Economy: Unemployment filings explode again.
  5. Tech: Kids' screen time sees a big increase.
  6. World: WHO team arrives in China to investigate pandemic origins.