> What's interesting is that in many cities now, Uber and Lyft are in fact more expensive than taxis. And the experience is equally mediocre.
That, of course, was the plan all along.
Such august figures as JP Morgan, Cornelius Vanderbilt, John D. Rockefeller,and Andrew Carnegie all made their fortune by undercutting the competition,
putting them out of business through means legal and otherwise,
and finally monopolizing the markets. https://en.wikipedia.org/wiki/Robber_baron_(industrialist)
That, of course, was the plan all along. Such august figures as JP Morgan, Cornelius Vanderbilt, John D. Rockefeller,and Andrew Carnegie all made their fortune by undercutting the competition, putting them out of business through means legal and otherwise, and finally monopolizing the markets. https://en.wikipedia.org/wiki/Robber_baron_(industrialist)