|
|
|
|
|
|
by aoeusnth1
3726 days ago
|
|
|
I don't see why people think this will be a winner-take-all market. The marginal cost for Uber or Lyft is nearly zero, so competition should drive the cost to zero. Lyft and Uber are both past the network-effect barriers to entry, so there's no way for one to boot out the other without slashing rates to try to drive the other out of business. Neither appears to be trying to do so yet. More fundamentally, there's nothing stopping drivers from driving both Lyft and Uber, so there's no reason one should go out of business just because the other is more successful. |
|
|