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-0.000242630110396652 -0.000121315055198412 0.000727890331190128 0.00315419143515699 0.00181972582797515 -0.000606575275991716 -0.00242630110396704 0.00788547858789265
Stock impact report

Instacart sues New York City over worker pay, tipping laws [Yahoo! Finance Canada]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
According to a complaint filed in Manhattan federal court, Congress forbade state and local governments from regulating prices and services for ?customers who use platforms such as Instacart, while New York's state legislature "has long taken charge" of minimum pay standards. Instacart, based in San Francisco, also said the U.S. Constitution prevents states and cities from discriminating against commerce by out-of-state companies. The laws will take effect on January 26,? and, absent an injunction,? would harm consumers and grocers by raising delivery costs, Instacart said. "This legal challenge is about standing up for fairness, for the independence that tens of ?thousands of New York grocery delivery workers rely on, and for affordable access to groceries for the people who need it most," Instacart said in a blog post. The New York City Department of Consumer and Worker Protection, ?which is one of the defendants, had no immediate comment. Instacart is the trade name for Show less Read more
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