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Uber loses licence to operate in London, will still operate while appealing

(www.bbc.com)
256 points reubensutton | 2 comments | 25 Nov 19 10:19 UTC | HN request time: 0s | source
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matthewfelgate ◴[25 Nov 19 12:27 UTC] No.21627478[source]▶
We have a solution for which companies should operate: it's called the free market.
replies(1): >>21627676 #
yaa_minu ◴[25 Nov 19 12:52 UTC] No.21627676[source]▶
The fact that you're being downvoted shows how much of a socialist hell-hole HN has become.

No one is forcing people to drive for uber and no one is forcing the rider to use uber. In my city, Accra, Taxis were so expensive until uber came to the market and forced down the price.

The only system that puts the consumer (read: common man) first is the free market (if and only if politicians would allow it to work).

replies(2): >>21627946 #>>21628012 #
lidHanteyk ◴[25 Nov 19 13:34 UTC] No.21627946[source]▶
Let's see how much of a capitalist you are. Why do you believe in the Efficient Market Hypothesis? What evidence do you have in its favor?

I humbly suggest to you that, if P!=NP, then the Efficient Market Hypothesis (any flavor!) cannot be true, as otherwise we could program markets to solve NP-complete problems in P time.

Edit: Remember, downvote means "you are right and I must hide your argument lest it show others my folly". That's how the free marketplace of comments works.

replies(2): >>21628281 #>>21635122 #
1. yaa_minu ◴[25 Nov 19 14:17 UTC] No.21628281{3}[source]▶
No, let's look at it from a more philosophically objective point of view.

Why do you think that the millions of Londoners who voluntarily chose Uber over traditional taxi services should be denied the freedom to choose what taxi services to use?

replies(2): >>21628841 #>>21629956 #
2. Jommi ◴[25 Nov 19 15:22 UTC] No.21628841[source]▶
If tfl sees Uber not operating by the same standards as others do, then of course they should be punished. Londoners are ofcourse free to use any other other app based ridehailing companies that so comply with tfls regulations.