4 ms·
I'm not quite sure I understand the use of the word "Détente" in the title. Is this a détente between Uber and Lyft regarding ride pricing strategies? Or becomi
by dpflan 7y ago
I'm not quite sure I understand the use of the word "Détente" in the title. Is this a détente between Uber and Lyft regarding ride pricing strategies? Or becoming less competitive towards each other?
- ghaff 7y agoThat was the obvious meaning I took away. But the article didn't discuss that angle at all. So I'm not sure what the headline is trying to say.
- nradov 7y agoThe same mutual funds own large portions of both Uber and Lyft. So while no one has proven any sort of anti-competitve collusion, I suspect investors may be pressuring both companies to scale back the direct competition.