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Re:Seattle approves minimum wage for Uber and Lyft drivers by rmrfstar on Wednesday September 30, 2020 @08:12PM (#24645717)
That makes a lot of sense: allow the market to do its thing and efficiently allocate scarce resources.

But it raises the question: why doesn't Uber operate like a normal marketplace where buyers/sellers submit bids/offers at prices of their own choosing?

By preventing buyers/sellers from participating in price discovery, Uber makes itself look a lot more like a classic employer/vendor than an online marketplace.

Re:Seattle approves minimum wage for Uber and Lyft drivers by doktorhladnjak on Thursday October 01, 2020 @02:45AM (#24648057)
Because it adds friction to what both drivers and riders want to be an easy, smooth transaction. Sidecar tried this approach and had their lunch eaten by Uber and Lyft.
Re:Seattle approves minimum wage for Uber and Lyft drivers by rmrfstar on Thursday October 01, 2020 @11:31AM (#24652071)
Fair enough, people seem to prefer stores to flea markets where haggling is permitted.

But stores bear product liability for dangerous products, vicarious liability for employee misconduct, and are bound by employment/labor law.

You can't claim to be a flea market when you are really a store.