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If it were bad for all parties involved, customers would not willingly and freely choose to use it.
by sneak 3y ago
If it were bad for all parties involved, customers would not willingly and freely choose to use it.
- AlexandrB 3y agoThat would be true if Uber didn't spend so much money subsidizing rides throughout its history. A customer would be dumb to refuse $2 of service for $1 of payment even if the system being created is going to lock them into an extractive duopoly later. You can already see this at work as Uber tries to become profitable - ride availability, cost, and quality are getting worse but people continue to use them out of habit or because regional alternatives have been weakened by years of subsidies.
- sneak 3y agoHow does Uber doing price dumping (if in fact they were) lock anyone into anything later? Before Uber the options were "walk" or "call a taxi and pray".
- DropInIn 3y ago... seriously? The competition ceases to exist and the requirements to re-enter the market once the dumper is a monopoly (usually with the politics power that entails) is beyond the scope for damn near anyone to achieve.