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by ThomPete 3874 days ago
Say that to ex Uber and Airbnb plus a host of the other companies.
1 comments

Well, Uber is taking a heavy beating in Europe (and thanks to our regulations, taxi service never has been as bad as in the US, so the market for "better taxis" isn't as large to begin with), and AirBnB already bows to regulator's pressure all over the world.
Thats not the point though.

The point is that they are the leader not a European company because they take that battle.

You can't disrupt most fields only by pure technology. A lot of the disruption is legislation.

Well, disruption is just not necessary. Uber competitors existed in Europe before Uber even did.

AirBnB is literally doing what people in Europe had done for decades, just with a neat web listing.

Uber competitors didn't exist in Europe before Uber did. You are talking about actual "sharing economy" like the french carsharing service but thats a very different thing.

Airbnb didn't really exist either you are talking about things like Novosol that functioned as a middle man apartment renter.

1. Uber competitors existed – although those were usually financed by the Taxi companies.

2. AirBnB competitors existed in the way that you could rent your apartment to others via such services. Renting out private apartments was standard for decades and centuries even.

Taxi companies are regulated which means there was there is a limit to how many taxi drivers are allowed. Uber doesn't have such a limit and is thus undermining the market. Uber is planning on replacing all drivers with automated cars, how many taxi companies you think are working on that right now?

What you are talking about is car-sharing which is something Uber also does but not what they do mostly.

With regards to Airbnb. If airbnb ish companies existed before why didn't they then outcompete airbnb? Why is Airbnb fighting fights and not European rentals.

Anyway we are getting away from the main point which is that american companies dare take up a fight with legislation very few european companies if any do that. Because of reasons I mention in the essay. Tesla, LendingClub, KickStarter and so many others have had to find ways through the legislation system.

US companies just have a better culture for challenging incumbents and legislation. A much richer culture for lobbying and so on.