"Taxi Services Now 10% Cheaper Because of Uber" No. Taxis are used less meaning less income, they not cheaper. "The 10% Taxi's Used To Take Now Returned To Cu

"Taxi Services Now 10% Cheaper Because of Uber" No. Taxis are used less meaning less income, they not cheaper. "The 10% Taxi's Used To Take Now Returned To Customers In The Form Of Lower Prices" That's also not true. Uber is usually not cheaper. The headline should be: "More taxi drivers = less money for individual drivers" Or economically: "Uber uses value chain power to grab surpluses in taxi market, leaving drivers with less money on average, and consumers with the same price. But they have a cool app now."