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I'm pretty certain they won't undercut Uber or other taxi services any time soon because they don't want to provoke the political headache that comes with it. T
by dageshi 2y ago
I'm pretty certain they won't undercut Uber or other taxi services any time soon because they don't want to provoke the political headache that comes with it. That type of politics could shutdown their licenses, I'm sure they want to avoid that at all costs so they're pricing above existing services.
What they may do is refuse to raise prices and eventually inflation will make them the cheapest.
- Rodeoclash 2y agoThey can charge more in Melbourne and I'll happily pay it to avoid drivers that cancel the trip after accepting or accept the trip and drive away from me until I cancel.
- RivieraKid 2y agoCharging about as much as their competitors is probably the profit-maximizing strategy.
- standardUser 2y agoThey're already the cheapest if they match prices because there is no tip required. In the long run they'll inevitably be cheaper because of higher utilization of their vehicles and (vastly) lower labor costs.
- rwmj 2y agoThis is a misunderstanding of the economics of taxi firms. Taxi companies don't pay for purchase or depreciation of their cars (the drivers do), but Waymo does.
- deleted 2y ago[deleted]
- standardUser 2y agoThere are no drivers with Waymo. Believe it or not, a living annual wage for a person (or close to it) is vastly more expensive than the annual maintenance and depreciation on even a very expensive vehicle.