Comment on Uber And Lyft take more from drivers than they say: surveyparentComments−Ididntdothis7yLooking at Ticketmaster or the Apple app store it seems that a free market will lead to monopoly behavior once players grow beyond a certain size.−kerng7yCorrect, if a business model works and is successful it can lead to a monopoly. And there are laws that try to tackle that.But its going off topic because Uber and Lyft are far away from that position, they hardly have a functioning business model in the first place.−moate7yBut that's what the consumers must have wanted. It's "free" market after all. There's no way it can be manipulated. Completely logical, always responds the way it "should" market.
Comments
Looking at Ticketmaster or the Apple app store it seems that a free market will lead to monopoly behavior once players grow beyond a certain size.
Correct, if a business model works and is successful it can lead to a monopoly. And there are laws that try to tackle that.
But its going off topic because Uber and Lyft are far away from that position, they hardly have a functioning business model in the first place.
But that's what the consumers must have wanted. It's "free" market after all. There's no way it can be manipulated. Completely logical, always responds the way it "should" market.