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Re:Uber London loses licence to operate by jerf on Friday September 22, 2017 @09:35AM (#15311997)
Every company should attempt to be the best in their field, yes. However, that does not in general encompass taking vast piles of VC money to run a loss-leader service for years and years on end in an attempt to monopolize an entire sector by undercutting all the competition that has to actually make a profit pretty much every quarter, with their valuation almost entirely based on the idea that they can succeed and then raise prices to become profitable.

Yes, there is a qualitative difference here.

Re:Uber London loses licence to operate by stale2002 on Friday September 22, 2017 @02:17PM (#15314450)
There aren't really any barriers to entry for local taxis.

Uber really can't just put the entire world out of business.

Undercutting competition just meana VC funded cheap rides for consumers.