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Presuming you can block your drivers from working for rival services simultaneuosly.
by jhonovich 12y ago
Presuming you can block your drivers from working for rival services simultaneuosly.
- untog 12y agoHardly difficult. Once you have a monopoly position you just add a clause to the terms and conditions that you may only use Uber if it's the only service you're signed into at the time.
- icebraining 12y agoBut how do you get the monopoly position in the first place? Also, that assumes the law doesn't invalidate those clauses.
- untog 12y agoAs I said in the original post, by using VC cash to undercut competition and drive them out of business.
- icebraining 12y agoAnd others can't get VC cash, why?
- untog 12y agoVC cash isn't infinite, and the amount available today won't last indefinitely. And are many VCs really likely to invest in a new startup when Uber just got over a billion dollars of cash? You can be as innovative and disruptive as you want, you're still going to have an extremely hard time beating a company with $1.2bn in the bank.
- nthj 12y agoI always thought Uber avoided such a clause now and would continue to do so in the future, regardless of monopoly status, because their contractors being reclassified as employees would be disastrous to their business model.
- jhonovich 12y agoAnti-trust violation