Quote:
Originally Posted by blankall
The evolution is largely to do with the cab companies themselves, as middle men, being obsolete. The Apps have replaced the dispatchers. The license holders never actually contributed anything.
The pricing will eventually adjust upwards slightly but still be less than a cab. I'm find with that. The drivers will be making more money, and the customers will be paying less. They'll be no middle men. No profiteers who make money owning a license that was initially issued for free by the city.
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Typically when uber enters an unregulated market it is a slow race to the bottom in terms of price and quality of vehicle.
It's why minimum per I'm fees might be a reasonable part of regulations otherwise uber will keep increasing its take and pushing down price to gobble up market share while drivers forget to take into account maintenance costs so actually make no money when they think they are.