> At this point, she explained, most drivers were driving for both Lyft and Uber, and everyone was really just hanging on and waiting for the moment when Uber w

> At this point, she explained, most drivers were driving for both Lyft and Uber, and everyone was really just hanging on and waiting for the moment when Uber will inevitably emerge victorious, purchases Lyft, and raises their rates back up to more reasonable levels. Since when has consolidation ever been a better deal for the counterparty? The only reason the percentage that uber/lyft take is so low is because they're competing. If Uber takes over Lyft, expect both higher ride prices and lower driver compensation.