Re:Uber losing $1B a year to compete in China
by curt15 on Thursday February 18, 2016 @10:31PM
(#11131349)
I think the saying is "pulling up the ladder behind you".
Re:Uber losing $1B a year to compete in China
by eru on Thursday February 18, 2016 @09:56PM
(#11131238)
In theory, this is what Ordoliberalism is about (https://en.wikipedia.org/wiki/Ordoliberalism).
(Also called Neoliberalisms, but that word has been used differently recently.)
Re:Uber losing $1B a year to compete in China
by BurningFrog on Thursday February 18, 2016 @08:32PM
(#11130890)
That is always how it works. The small startups wants to beat the established giants. The established giants want government protection from competition.
The free market policy is to side with the startups. A "pro business" policy is often to side with the established giants.
But they now want more regulations on a free internet, they work against net neutrality because "a large amount of their invested money" would be derailed.
Basically when it happens to others, its free market. When it happens to you its unfair/harsh.