But there’s another important story, one that could roil the ascendant American ride-hailing industry: By making this deal with Didi Chuxing, Uber could expose itself—and its domestic peers—to scrutiny by U.S. antitrust authorities. The reason arises from the fact that last year, Didi invested $100 million in Lyft. The new deal, as presently structured, would leave Uber holding a 20 percent stake in Didi, meaning Uber would own part of Lyft. The deal also arranges for Uber CEO Travis Kalanick and Didi co-founder Cheng Wei to sit on each other’s boards.
Source: Uber’s deal with Didi Chuxing could open it up to antitrust scrutiny.