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It's much easier for a company to do $goodThing if all other companies are also forced to do $goodThing. It's not necessarily good business sense for Uber to un
by wycy 7y ago
It's much easier for a company to do $goodThing if all other companies are also forced to do $goodThing. It's not necessarily good business sense for Uber to unilaterally do it while the competition saves money by doing $badThing.
- holenda 7y agoUber would die if they did this without their competition. This seems like a good policy, so I don't see your point really.
- saurik 7y agoThat literally is the point of the person whose point you don't see.
- simonrobb 7y agoThis is exactly what happened in LA toward the end of 2018. Uber tried raising fares in order to pay their drivers more, but Lyft didn't follow suit and consequentially the market shifted toward Lyft in response. Ridesharing consumers are fickle. It seems the only way for prices to be raised are a) a stable duopoly where both companies' strategy is price matching, or b) through regulation.