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... are you assuming the US = world? Uber didn’t get a monopoly... and there are a bunch of competitors in lots of different countries. And Uber is paying for
by onethought 6y ago
... are you assuming the US = world?
Uber didn’t get a monopoly... and there are a bunch of competitors in lots of different countries. And Uber is paying for this with epic losses every year... where is the anti trust?
- wpietri 6y agoWe were talking about US-based tech companies speaking to the United States Congress about possible anti-trust violations in US markets. A bunch of competitors in other countries doesn't mean anything for US markets. And epic losses are a sign of the antitrust violation: they're burning capital unsustainably to buy market share from which they can extract oligopoly rents.
- onethought 6y agoSo which city doesn’t have taxis any more in the US? Before Uber... where were the taxi anti trust hearings?