Sussex wrote:
My mate Hubert takes the view that to get or keep work they have to subsidise fares to a large extent, and when that changes as it's continual loses can't be sustained, then that's when it will lose punters and/or drivers.
Hubert says that Uber can only win big in a unlicensed situation and/or a monopoly situation. Neither of them will happen in our life time, and far from wiping out the competition Uber are actually drawing more app firms into the trade.
He would certainly have a case if Uber was permanently subsiding fares, but I'm sure that's not the case. And I'm not even sure if Uber is as cheap as is often made out anyway - often comparisons are between Uber and black cabs in London, so it's not really the most valid comparison to make. And then there's Uber's surge pricing...
Of course, even considering the USA there's so many different scenarios that's it's impossible to compare them all, and their licensing over there makes our own mess look quite uniform and straightforward. I mean, in some US cities I think taxis are tightly controlled numbers-wise, and no private hire sector is allowed, so it's a completely different scenario to the market here. And as for what happens in countries like India, China and Brazil...
Anyway, now I've got Mr Horan's name sorted out, have you noticed how his first name contains the word Uber??
H-uber-t
Spooky. I smell a rat...
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