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Presumably the (publicly) unacknowledged plan is to severely wound private car ownership and then collude with Lyft to fix prices, similar to how it worked with
by avn2109 10y ago
Presumably the (publicly) unacknowledged plan is to severely wound private car ownership and then collude with Lyft to fix prices, similar to how it worked with Didi in China [0].
There will likely be some regulatory capture on the side to discourage other competitors.
[0] http://www.wsj.com/articles/china-opens-antitrust-investigation-of-didi-uber-deal-1472794452 http://www.wsj.com/articles/china-opens-antitrust-investigat...
- erispoe 10y agoAirlines used to collude on price, too.