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by _joe 3355 days ago
Selling at a loss when you have a lot of money will give you an unfair advantage over others that can't sell at a loss.

You do that so that you can take a stranglehold on the market and then dictate prices yourselves.

It's the texbook definition of dumping:

https://en.wikipedia.org/wiki/Dumping_(pricing_policy)

and protecting against that practice is NOT the texbook definition of fascism at all, quite the opposite; also keep in mind there are no taxi corporations here, as the taxi license must be owned by the individual driving it (with some small and irrelevant exception).

That being said, I wouldn't have a problem with Uber selling its services as long as they abide by the law, they and their drivers pay the taxes and they don't engage in anti-competitive practices.