Re:End of the line for Uber?
by dragonwriter on Tuesday August 10, 2021 @05:05PM
(#28134525)
The price raise would just be part of the evidence that the earlier low prices were anticompetitive dumping to monopolize and maintain a monopoly on the market, the remedy for illegally protecting the monopoly would probably not be prohibition on raising rates, though. Breakup or other remedies would be possible.
If a not-profitable company is raising prices to not go out of business then idk how well that would play out in courts.
Would a court force uber to go out of business instead of raising prices?