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> They will abuse transport regulation - just like the old cab companies - to monopolize the market if we let them. Are you saying that they will partner up wi
by timtas 12y ago
> They will abuse transport regulation - just like the old cab companies - to monopolize the market if we let them.
Are you saying that they will partner up with government to create a protectionist racket as the incumbents did so effectively some decades back?
Maybe some day they will. History testifies that as incumbents grow they are drawn toward regulatory capture and licensing schemes. They find willing partners in government who can sell it under the banner of consumer protection.
Yes, one day Uber might try that, but right now they're tearing down those rackets. The "lock in" they are creating now is based on customer service, innovation, brand marketing and partnerships. I'm not denying there are any dirty tricks, but that's a sideshow played up by populist press.