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Lyft can simply offer more money and accept lower margins.

• eloff 7y ago
  So can Uber, that's just a race to the bottom.
  • ma2rten 7y ago
    Assuming that Uber has a competitive advantage because of their brand, and both Uber and Lyft are rational actors who want to maximize their profits, they will end up in a state where Uber has higher margins than Lyft.
    • cryptoz 7y ago
      > Assuming that Uber has a competitive advantage because of their brand Woah - I see Lyft as the one with the competitive advantage due to Uber's brand. Uber is toxic while Lyft is seen as friendly.
      • deleted 7y ago
        [deleted]