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Is Uber surge pricing price gouging?
by dannyw 7y ago
Is Uber surge pricing price gouging?
- harimau777 7y agoI'm not certain, but I think it would only be considered price gouging if it were in response to an emergency. It might also be price gouging in response to a shortage but I think that "shortage" in that case would more mean something like "the NYC subway is completely shutdown" rather than just rush hour or after a concert ends.
- jefftk 7y agoSome people think so! But price gouging is usually defined as being in response to emergencies, which a pandemic is and a sharp spike in Uber demand may (a tsunami) or may not (bars closing at 2am) be.
- jsight 7y agoUnfortunately, some people tend to think so.
- leetcrew 7y agouber surge pricing might actually be a good thing in an emergency. unlike buying all the hand sanitizer at your local CVS to resell, it can actually increase the "supply" of drivers. of course, if this saturates the road capacity, it might be a net negative.