alt Hacker News> Why would someone pay $10 for the Uber service, meanwhile the local one is just $3?
In this scenario Uber would give endless promos pricing the trip at $2.90 until they’ve degraded the public bus service to a level where no one wants to use it. Then they jack up the prices.
Replies
philipallstar • last Wednesday at 7:48 PM
They won't jack up the prices now the main price-jacking-up event has occurred: having to change the agreement with their contractors to give them employment-like benefits.
➕ show 1 reply
> In this scenario
So based entirely on a hypothetical that didn’t pan out with Uber’s original services.