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Microsoft has monopoly in a market. US/EU response: anti-trust regulations. Uber/Ola have monopoly in a market. Indian response: burn taxpayer money. This is
by iamshs 9y ago
Microsoft has monopoly in a market. US/EU response: anti-trust regulations.
Uber/Ola have monopoly in a market. Indian response: burn taxpayer money.
This is how license raj is created. It will not create revenue but burn money like Air India ($8 Billion worth of taxpayer money burned), OFB, SAIL, BSNL. India has a long list of loss making PSUs. This won't be any different. Uber hasn't earned any profit yet, how will Indian government earn any?