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In theory if I check both Uber and Lyft the price of one or the other should be lower since they want my business to offset their fixed costs. The price I am wi
by arielweisberg 7y ago
In theory if I check both Uber and Lyft the price of one or the other should be lower since they want my business to offset their fixed costs. The price I am willing to pay Is simply the lowest price I can get for the service.
How rich I am has nothing do with it per se.
So when does it turn into price fixing when they both independently figure out how much I am willing to pay and charge the same amount?
Right now they are uncannily good at charging the same amount for the same trip. Maybe the price is already competitive?