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Why would that be relevant? What Lyft and Uber have been telling us all along is that they are not a ride-hailing company, they are just a marketplace bringing
by stefan_ 7y ago
Why would that be relevant? What Lyft and Uber have been telling us all along is that they are not a ride-hailing company, they are just a marketplace bringing together riders and drivers. In that scenario, it is all about the up-to-the-minute price that riders are happy to pay, and drivers happy to accept.
Imagine a stock exchange where you can't see the market price, and after a week the exchange tells you "heres what buyers paid, sellers received, the difference is our subject to change take we don't let you know". Imagine a stock exchange that proclaims "stock price is decoupled from what sellers offer and buyers pay".
- PopeDotNinja 7y agoThey're not marketplace, are they?. I can't shop different drivers and pick the one I want.
- felipelemos 7y agoNeither can the drivers choose how much they will charge.
- c3534l 7y agoThis sort of thing is dangerous if you want to keep drivers as independant contractors. Lyft sounds like they're no longer paying by the job, but more of a salary. Such a reclassification could retroactively allow their drivers to benefits, taxes, and other entitlements. Lyft shouldn't be allowed to have it both ways, classifying workers as employees when it suits them, then as independant driving service companies when it doesn't. Who do drivers work for? If it's Lyft, then how Lyft treats their workers is very illegal. But right now the answer is "for themselves." It will be interesting to see if Lyft shoots itself in the foot getting greedy at some point.