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by sol_remmy
3196 days ago
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> Frankly, it happened in Austin. Lyft and Uber threw a hissy fit and the market was happy to fill in the gaps. Good luck with that, the markets are not remotely comparable: Austin:
900k pop;
In a red state known for low regulatory burden;
No established mass transit to compete with;
No established tax companies London:
8.8M pop;
High regulatory burden;
City's incentive: each Uber rider is a potential lost customer for the Underground;
Taxi companies have influence with legislators |
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The underground is way too crowded, but so are the roads (mainly because of taxis these days).
This makes Uber a better bet than taxis (more efficient) buses better than both, bikes best of all and something in between a nirvana.
However, none of that matters as long as Uber think they're above the law.