Yup. The worst part is that Uber/Lyft can selectively keep subsidizing rides in markets where there's still competition from legacy taxis while charging what th

Yup. The worst part is that Uber/Lyft can selectively keep subsidizing rides in markets where there's still competition from legacy taxis while charging what they want in less competitive markets. Notice from this article that Uber and Lyft are seemingly acting in concert when cutting pay and offering subsidies. This is either both companies responding to the market in similar ways or cartel behavior. Good luck proving the latter in court however.