Uber Founder Travis Kalanick Resigns as C.E.O.

Re:Uber Founder Travis Kalanick Resigns as C.E.O. by nickthemagicman on Wednesday June 21, 2017 @12:35PM (#14605316)

Don't imagine for one second that Uber wouldn't jack up prices in a heartbeat if they were the sole monopoly in NYC just like Yellow Cab was.

Uber's great in that they give competition to an entrenched monopoly of Yellow Cab.

But put Uber in a monopoly position anywhere and you'll see the rates skyrocket.

There needs to be a number of forces in the ride sharing market to keep prices down.

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Re:Uber Founder Travis Kalanick Resigns as C.E.O. by davidf18 on Wednesday June 21, 2017 @01:06PM (#14605687)

I completely agree and as things are, Uber's prices are far higher in NYC than say, compared with Chicago because the Yellow Cabs here are so expensive compared with those from Chicago.

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