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And then new competitors will spring up who can undermine those prices. There is absolutely nothing unique about what Uber does to keep people as customers.
by ulfw 7y ago
And then new competitors will spring up who can undermine those prices. There is absolutely nothing unique about what Uber does to keep people as customers.
- dragonwriter 7y agoA dominant two-sided market has strong network effects, since new suppliers want to be where the buyers already are and vice versa.
- vkou 7y agoIf the drivers are contractors, then they can install both apps. If they are employees, Uber is thoroughly fucked.