Fears about new EU gig economy rules hit Deliveroo, Just Eat Takeaway

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Deliveroo, Just Eat Takeaway, Delivery Hero were down 5.6%, 4.6% and 4.1% respectively.

“We see a potentially significant gross profit impact for Deliveroo if European gig economy workers are to be treated as employees rather than contractors”, analysts at Citi wrote in a note about how the new regulation could impact the sector.