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by creato 2641 days ago
> The hope for them is that through this rapid expansion, they've bought enough leverage to raise prices without losing too many customers.

In other words: sell at a loss, run all the competition out of business, then raise prices?

1 comments

Essentially. I'm not endorsing it, but Uber's strategy is the classic monopoly strategy. It reminds of nothing more than Standard Oil giving it's competitors a "good sweating."