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by goty2 3065 days ago
The food market is more expensive if there are multiple vendors and the customer don't shop around.

The price gouging doesn't come from multiple companies, but from the free pricing. Some independent taxis in Sweden charge 10x as much as established companies. Therefor few people would hail a random cab in the street.

Less utilization means the drivers have to charge a higher price to cover their overhead.

1 comments

> The food market is more expensive if there are multiple vendors and the customer don't shop around.

Wait, what? The customer is prevented from shopping around for rides? Before Uber, you couldn't call multiple driving services and get a ride. What is your point?

> Some independent taxis in Sweden charge 10x as much as established companies. Therefor few people would hail a random cab in the street.

This makes no sense on the face of it. You could just ask before you get in how much the fare is going to be.

> Less utilization means the drivers have to charge a higher price to cover their overhead.

No, that means they have to drive more and hope they get rides which increases supply and decreases cost. By your logic, the more empty apartments there are in a certain area, the higher the prices for apartments are going to be because of "less utilization" and "covering the overhead".

How do you justify any statement you just made?