> But we all know that when there's a quasi-monopoly with only 2/3 big players, they would "cooperate" to maintain the high prices. > In France for many years

> But we all know that when there's a quasi-monopoly with only 2/3 big players, they would "cooperate" to maintain the high prices. > In France for many years there was phone providers with extremely high prices It's a lot easier to spin up a new taxi app that undercuts Uber/Lyft than it is to build new telecom infrastructure. Nothing's stopping Newber from showing up with a shiny new app and undercutting both, if consumers are upset enough.