News for hackers. Stuff that matters.

A comment on Lyft losing as much as $50M a month, president confirms. Parent comment

Re:Lyft losing as much as $50M a month, president confirms by _Codemonkeyism on Wednesday July 13, 2016 @03:15AM (#12084429)
Breaking up monopolies raises prices? You've lost me :-)
[ Parent | on HN ]
Re:Lyft losing as much as $50M a month, president confirms by stormbrew on Wednesday July 13, 2016 @12:29PM (#12087469)
I think the GP is talking about breaking up 'natural' monopolies, rather than government monopolies.

Note: Just to skip a potential semantic argument that always crops up around this: whether or not you believe it's appropriate to call it a monopoly if it's not enforced by government fiat is beside the point.

[ Parent | on HN ]
Re:Lyft losing as much as $50M a month, president confirms by argonaut on Wednesday July 13, 2016 @06:45AM (#12085196)
Less regulation = not breaking up a monopoly = higher prices.
[ Parent | on HN ]