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Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by wpietri on Wednesday June 01, 2016 @08:13PM (#11819397)
I think buying up the whole value chain is an effect of monopolies, not the cause. DeBeers, for example, got their start in diamond mining. I suppose they could have stopped there, but when you're the only supplier, it becomes very easy to buy up those of your customers that are making money so you can capture more of the total cash.

So I don't think Uber needs to buy roads. All they need to do is have a broad enough base and deep enough pockets that they can drive everybody else out of business. Or, possibly better, keep a few sickly competitors forever on the margins. That way they can pretend they're really competing.

Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by linkregister on Wednesday June 01, 2016 @09:48PM (#11819802)
I think it's unrealistic to think that Lyft will be a sickly competitor. It has less cash to push toward subsidizing rides but I could foresee it sticking around, especially since many drivers use both ride share apps.
Re:Uber Turns to Saudi Arabia for $3.5B Cash Infusion by codecamper on Thursday June 02, 2016 @09:52AM (#11822425)
I thought that each network will stop giving you rides if you don't take them & you are in the area without a fare.