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https://en.wikipedia.org/wiki/Predatory_pricing https://en.wikipedia.org/wiki/Predatory_pricing The idea is that while it is nice to enjoy subsidized rides at
by SpaceRaccoon 7y ago
https://en.wikipedia.org/wiki/Predatory_pricing https://en.wikipedia.org/wiki/Predatory_pricing
The idea is that while it is nice to enjoy subsidized rides at the moment, as a consumer you may suffer in the future due to Uber establishing a monopoly.
- mhaymo 7y agoUber has no moat, so cannot possibly exploit a monopoly. The hardest part of their service to replicate is the drivers, and since they're all contractors they are free to work for Uber's competitors! Even if Uber gained 100% share of car rides in an area, if they decided to exploit that by increasing their prices it would be relatively easy to create a competing company and undercut them.
- EpicEng 7y agoUber can only compete on price, they have nothing novel that can't be replicated. Hard to imagine how they could control the supply in a meaningful way.