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how are they stopping individuals from setting pricing. if anything it gives them more power than traditional gig economy apps
by ptah 7y ago
how are they stopping individuals from setting pricing. if anything it gives them more power than traditional gig economy apps
- sharemywin 7y agoI talking about price fixing. we're multiple sellers collude to fix pricing. Up & Go cleaners earn $25 per hour, more than double what workers typically earned independently, according to Project Manager Sylvia Morse. While apps generally take a cut of 20 percent or more, Up & Go only takes 5 percent, which it then reinvests in the platform.
- ptah 7y agoexplain to me how that is bad? Also it is not multiple sellers. Up & go is one entity just like Uber
- sharemywin 7y agoI was more asking is it illegal? Horizontal Price Fixing Horizontal price fixing occurs when companies decide to fix prices or price levels for a good or service at a premium or a discount. For example, several retail companies may fix the sale prices of television sets at a premium thereby earning higher profits. https://www.investopedia.com/terms/p/pricefixing.asp https://www.investopedia.com/terms/p/pricefixing.asp
- ptah 7y agothese are not companies. it is one company comprising of individuals
- imtringued 7y agoWell maybe Uber is a bad example because it has many competitors but the selling point of subcontracting business is usually that instead of employees having the option of working for a large variety of employers those employers will now only hire (temporarily) you if you work for a specific subcontracting business. This means the number of potential employers has been reduced from thousands or hundreds to a number you can count on your hand.