Re:Chicago taxi industry sliding towards collapse
by TheLongerCon on Friday June 09, 2017 @07:46PM
(#14525402)
The barriers to entry with ride sharing are absurdly lower than anything else on that list. The network effect is pretty weak, because it doesn't cost consumers/drive more time or energy to keep multiple apps on their phone.
Re:Chicago taxi industry sliding towards collapse
by cortesoft on Friday June 09, 2017 @06:19PM
(#14525034)
Other than pharma, you just mentioned 3 industries that have very low margins. They aren't making a ton of money on their monopolies.
Re:Chicago taxi industry sliding towards collapse
by brianwawok on Friday June 09, 2017 @06:22PM
(#14525052)
Indeed I think he proved my point.
I am not sure who would like taxi industry to pharma?
Except pharma, telecom, energy, airlines and one or two others...