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How could Uber possibly be described as a monopoly when they have multiple competitions in every market they operate in?
by AmericanChopper 5y ago
How could Uber possibly be described as a monopoly when they have multiple competitions in every market they operate in?
- cyanydeez 5y agoI was refining the posters "natural" language. The VCs fund these projects are going after monopolies, not some capitalist delusion about "best" outcomes. It's clarifying: Facebook isn't the "best" social platform, it simply became big enough to box out competition. This is why corporations are allowed to operate at a loss.