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It doesn't matter if the end result is a duopoly. The two need only stop competing and raise prices. It will be hard for a third entrant to come in because of t
by babesh 8y ago
It doesn't matter if the end result is a duopoly. The two need only stop competing and raise prices. It will be hard for a third entrant to come in because of the large cost to enter markets. The only viable entrant is, as mentioned Waymo, because driverless cars alters the economics and because they have the tech.
- SomewhatLikely 8y agoI thought this for a while but I'm pretty sure I was wrong. When thinking about all these services that exist I didn't understand how divers would stay busy: Uber, Lyft, Uber eats, Amazon restaurants, doordash, GrubHub, etc. Then I realized they actually reinforce each other because all divers can work for all the services. So they don't have to wait around for an Amazon restaurants order to come in, they'll just do Ubers until then, or whatever else comes in first. This actually makes it easier for new entrants the more services are already out there demanding divers and maintaining a large pool of contract drivers.
- babesh 8y agoUber is betting that it will consolidate all that. Always give it's drivers something to do: food delivery, package delivery?, transportation, etc....