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If Lyft is allowed to go out of business, it doesn't mean Uber necessarily takes over; it means there'll be opportunities for others (including legacy cab assoc
by eganist 3y ago
If Lyft is allowed to go out of business, it doesn't mean Uber necessarily takes over; it means there'll be opportunities for others (including legacy cab associations) to fill the void.
If Lyft dies, if anything it'll spook investors about Uber's prospects given that market forces would have led to the demise of a direct competitor. If the two merge, investors will instead be motivated to bolster the combined firm.