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by melvinmt 3582 days ago
While Uber competes with Lyft directly in the on demand rides space it by no means will gain a monopoly on all transportation, there are multiple levels of competition after all. So I don't believe we'll end up in a monopoly situation soon where we have to pay whatever Uber demands. If Uber gets too expensive (similar to how they started with pricey black car service), consumers will simply resort to alternative ways of transportation.