> After all, every stakeholder in this vertical is an at-will participant, with no compulsion to stay if the economics do not work out That's not true. There a

> After all, every stakeholder in this vertical is an at-will participant, with no compulsion to stay if the economics do not work out That's not true. There are only 2 aggregators to choose from. Staying off one is not a feasible option for most. > the government is baselessly capping their earnings. They are not capping earning, they are capping percentage of fares. The cab driver puts in most of the cost. > Encourage competitors and allow the free market to set prices and revenue shares. A vendor undercutting prices will get higher ridership How? A company trying to enter this market would have a loong cash burn ahead of it with no certainty of a profit. Like social media, there's an inertia to users platform switching.