They lose millions of dollars a quarter still. I don't see how Uber can dominate the market in the long run, when they'll have to raise prices to a profitable

They lose millions of dollars a quarter still. I don't see how Uber can dominate the market in the long run, when they'll have to raise prices to a profitable level and thus make it easier for competition to undercut them. Drivers can work with multiple services at the same time, and the barrier for consumers to install another app or navigate to a web app is pretty small. edit: If the regulatory environment doesn't clear up, though, I could see that making it easier for Uber to dominate the market. They have the wherewithal to challenge regulators in courts of law and public opinion, and to comply with whatever red-tape is imposed on them. New entrants would have a much harder time.