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> They kinda do, by not accepting rides under a certain price and forcing a raise, like it has been reported. Yes, kinda. My understanding is that once they're
by jakelazaroff 7y ago
> They kinda do, by not accepting rides under a certain price and forcing a raise, like it has been reported.
Yes, kinda. My understanding is that once they're "on the clock", they get penalized for declining too many rides.
> This will never happen. Anyone can start a ride-sharing service with a tiny investment. There's no way bankrupting current companies will give Uber an unassailable market.
Except any startup will be forced to either price their rides above the cost of service, or find investors willing to take a loss in order to undercut the former.
Uber may not ever have an unassailable market, but they will have to eventually raise their prices or lower the cost of providing rides.