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by kuschku
3875 days ago
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> You need medallions for things like taxi stands and hailing people off the street so it's just not true what you say. That’s not even part of the discussion, as uber isn’t trying to change that. Fact is, uber isn’t disrupting anything. Fact is, there were uber-competitors in Europe like mytaxi, some of which even existed before uber did. Exactly same business model. The issue isn’t that these companies never get started in europe – because they do – the issue is that these companies expand slower than their US competitors, and therefore lose in this extremely volatile market. But if the market crashes, these companies can continue to exist, while many of their US competitors would crash, too. |
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They dont just expand slower they get bought by american companies not the other way around that is part of the problem which is what this whole discussion is about.
There is nothing to back up your claim that they are more resistant to a down market. How many European social networks are left? How many European transportation companies are in the US? The list is long of american companies dominating the markets in the EU not the other way around.
That is the core of this discussion no matter your obvious ideological reasoning.