Uber proposes policy that would pay drivers a minimum wage of $21 per hour

Re:Uber proposes policy that would pay drivers a minimum wag... by wycy on Thursday August 29, 2019 @12:49PM (#20831222)

It's much easier for a company to do $goodThing if all other companies are also forced to do $goodThing. It's not necessarily good business sense for Uber to unilaterally do it while the competition saves money by doing $badThing.

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Re:Uber proposes policy that would pay drivers a minimum wag... by simonrobb on Thursday August 29, 2019 @03:29PM (#20832784)

This is exactly what happened in LA toward the end of 2018. Uber tried raising fares in order to pay their drivers more, but Lyft didn't follow suit and consequentially the market shifted toward Lyft in response. Ridesharing consumers are fickle. It seems the only way for prices to be raised are a) a stable duopoly where both companies' strategy is price matching, or b) through regulation.

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Re:Uber proposes policy that would pay drivers a minimum wag... by holenda on Thursday August 29, 2019 @03:03PM (#20832558)

Uber would die if they did this without their competition. This seems like a good policy, so I don't see your point really.

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Re:Uber proposes policy that would pay drivers a minimum wag... by saurik on Thursday August 29, 2019 @03:24PM (#20832737)

That literally is the point of the person whose point you don't see.

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