FlyerTalk Forums - View Single Post - Uber being banned from London
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Old Oct 8, 2017, 12:34 pm
  #109  
CurtainRingSalesman
 
Join Date: May 2017
Posts: 22
Originally Posted by WorldLux
I see more of a danger in that. Just think about it for a minute. If Uber dominates markets everywhere, they can just dictate the price for rides and at the same time dictate pay of drivers.

The danger in all of this is that Uber has the power to eradicate competition. Once that is gone Uber will be king and not only enjoy local monopolies but one global one. But seeing how the arrival of Uber everywhere is cheered on by customers rather than them having reservations (e.g. "yeah price is great but what's it going to be like 5/10/15 years from now?") may make an eventual IPO very interesting.
I share your suspicion, but there is nothing to stop other regional taxi apps from forming what are effectively alliances allowing each others' customers access to locate networks. I think Yandex Taxi has already done this.
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