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In some countries (European south) the normality is that taxi drivers will rip off EVERYONE with their meters running anything from +10% to +50% of the fare. In
by HenryBemis 10y ago
In some countries (European south) the normality is that taxi drivers will rip off EVERYONE with their meters running anything from +10% to +50% of the fare. In that sense Uber is doing the right think by taking away a big portion of their income.
BUT that doesn't justify all the nasty things they've been doing.
Yes Uber is a game changer but they are not here to serve us, they are here to take over the taxi industry globally and make billions out of it (you need to spend money to make money).
- tdb7893 10y agoFrom an economics standpoint it would be best to have an app that showed fares from multiple different companies and they let the consumers pick what they wanted. Hopefully this model would win eventually as it encourages robust competition but currently all the players (taxis and Uber especially) seem invested in creating monopolies