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He missed a couple of points on the Austin side of things. 1. Uber/Lyft went to the state to get the regulations overturned in a bit of venue shopping. They d
by joshuaellinger 8y ago
He missed a couple of points on the Austin side of things.
1. Uber/Lyft went to the state to get the regulations overturned in a bit of venue shopping. They don't have to do fingerprinting. Happens a lot around here.
2. He failed to mention Austin Taxi Co-op. Some old hippies got together and helped form a normal Taxi company but made it owned by the drivers. It has an adequate but clunky app that is slowly getting better. They grabbed about 2/3s of the regular taxi drivers.
We won't really know how the ride-share market plays out until the subsidy goes away. It reminds me of when Standard Oil would go into town, undercut the local gas station until it fold, and then recoup the cost by raising prices. It is one of the things that the Antitrust laws were specifically designed to stop.