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This should be a great opportunity to test whether at this point we're all so conditioned to rely on these services, will we be willing to pay more? If the answ
by redwood 6y ago
This should be a great opportunity to test whether at this point we're all so conditioned to rely on these services, will we be willing to pay more? If the answer is yes this suggests that these services can start raising prices and start taking home more profit across the board
- zacharyvoase 6y agoOr paying their workers more?
- freeone3000 6y agoWhy do that unless you have to?
- deleted 6y ago[deleted]
- DeonPenny 6y agoI'm going to say no. I am most people I know uber way less because uber pool is gone. I don't think making uberx way more expensive will do anything but drive people away from those services unless necessary. I bike a lot more though which is good.
- alisonkisk 6y agoUber pool is temporarily suspended due to rona.
- DeonPenny 6y agoI am point it out as a case study on what happen when cheaper options are removed.
- tolbish 6y ago> This should be a great opportunity to test whether at this point we're all so conditioned to rely on these services, will we be willing to pay more? Uber tested this out years ago when they first launched. In my city they offered ride passes that had a flat fare (of less than $5 per trip, within some threshold...I think it was within 20 miles). Then when they expanded they slowly raised the price of the flat fare before getting rid of it altogether. In short, yes, we are generally conditioned to rely on these services.
- Taek 6y agoMakes you wonder if this sort of strategy should be legal. Uber wants you to make decisions like choosing to live in a home away from public transportation because you know you can use Uber instead of the train. Once you've made that decision, your ability to walk Uber out of your life goes out the door, and you pretty much have to accept any changes that they make to the pricing.
- smabie 6y agoYou could make that argument about anything. Are you wondering whether raising prices should be legal?
- chillwaves 6y agoThey shouldn't be operating below costs at any time. That is anticompetitive and disingenuous.
- whatthesmack 6y agoIt's strategic, smart, and absolutely legal.
- smnrchrds 6y agoIt's called dumping and depending on the specifics and jurisdiction, it can be illegal. It falls under the general umbrella of anti-competitive actions.
- Proven 6y agoIf "we" were willing, that's what we would have paid. Some people are no doubt willing, but not all of them. Which means this market will shrink and many will lose their jobs. Nothing new, we saw the same disaster in F&B. Excellent job, Seattle socialists!
- wyattpeak 6y agoI'm sure they will, but I doubt it'll matter because the idea that their workers shouldn't be contractors has broad support everywhere. If this succeeds and demonstrates that they can in fact run in a city which implements a measure like this, I suspect it will quickly sweep across most regions in which they operate.
- deleted 6y ago[deleted]
- hnracer 6y agoIt's not an ideal natural experiment because the cost of all ride sharing will rise simultaneously, so many of the substitutes (other brands) are equally more expensive. In other markets Uber couldn't raise their prices without having their market share decimated by Lyft, unless there's collusion.