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> Am I? Why would you not expect it to become cheaper overtime? Ride sharing services are amenable to network affects. I.e. they tend to end in monopoly. And m
by funcDropShadow 3y ago
> Am I? Why would you not expect it to become cheaper overtime?
Ride sharing services are amenable to network affects. I.e. they tend to end in monopoly. And monopolies are not known for reducing costs for the customer. If some effective regulation could counter the network effect, i.e. make it easier and cheaper to switch between different sevices, then a monopoly could be avoided.
- qwytw 3y ago> Ride sharing services are amenable to network affects Are they? Currently it's a low margin business with no real moat. It's hard to maintain high market share without continues subsidies. > make it easier and cheaper to switch between different sevices What barriers and/or costs are there for consumers which would make it difficult for them to switch between different services?