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by edblarney 3434 days ago
"Taxi Services Now 10% Cheaper Because of Uber"

No. Taxis are used less meaning less income, they not cheaper.

"The 10% Taxi's Used To Take Now Returned To Customers In The Form Of Lower Prices"

That's also not true. Uber is usually not cheaper.

The headline should be:

"More taxi drivers = less money for individual drivers"

Or economically:

"Uber uses value chain power to grab surpluses in taxi market, leaving drivers with less money on average, and consumers with the same price. But they have a cool app now."

1 comments

If you're claiming that uberx is the same price as taxis, you're wrong. Please do some cursory googling.
Fair enough - but it depends on where you are, and of course what time.