Re:Price Fixing: The Legal Argument That Could Destroy Uber
by ggg2 on Tuesday May 21, 2019 @12:58PM
(#19972004)
nonsense. uber and lyft end-game is a monopoly.
see how uber fixes the percentage it pays to drivers exclusively on their control of the market. if there's lyft in a city, they pass down 70%, if they are alone, they retain 70% instead.
in the same way, if drivers try to fix price or bargain, they will simply change the algorithm to give almost no rides at any time to drivers that are not driving a certain time while handsomely rewarding the striker breakers, until the price fix turn into their favour again.
see how uber fixes the percentage it pays to drivers exclusively on their control of the market. if there's lyft in a city, they pass down 70%, if they are alone, they retain 70% instead.
in the same way, if drivers try to fix price or bargain, they will simply change the algorithm to give almost no rides at any time to drivers that are not driving a certain time while handsomely rewarding the striker breakers, until the price fix turn into their favour again.