News for hackers. Stuff that matters.
Re:Uber's predatory pricing is undermining public transit an... by swyman on Friday December 16, 2016 @08:30PM (#13198544)
You didn't even read the article. The predatory pricing they're talking about is running competition out of business by selling below cost until they have a monopoly.
Re:Uber's predatory pricing is undermining public transit an... by stale2002 on Saturday December 17, 2016 @04:43AM (#13200015)
Uber breaks even in the US. No predatory pricing there.
Re:Uber's predatory pricing is undermining public transit an... by gigatexal on Friday December 16, 2016 @08:47PM (#13198616)
Kroger is doing this too. To stay relevant and increase marketshare they're selling organic produce at a loss. Let's villify them too.
Re:Uber's predatory pricing is undermining public transit an... by int_19h on Saturday December 17, 2016 @03:08AM (#13199822)
Yes, let's! Dumping to undermine competitors is one of the oldest tricks in the book, and it's always dirty - there's no way the company is going to sustain such prices long term, and they'll want to recoup losses, so once competitors are driven out, the prices inevitably end up being higher than what those competitors offered before.