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256 points reubensutton | 1 comments | | HN request time: 0.001s | source
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thinkindie ◴[] No.21628527[source]
have you ever wondered what makes services like Uber affordable? 1) underpaid drivers 2) VC money dropped into an otherwise unsustainable business

I'm pretty sure Uber will raise prices the moment it kills the competition

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ApolloFortyNine ◴[] No.21628683[source]
> underpaid drivers

This is and always will be a matter of opinion.

Uber is not putting a gun to anyone's head. If it's not profitable for you to drive, you don't have to.

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criddell ◴[] No.21628785[source]
Since drivers can't set their own rates, I've always felt the government should regulate the split. Uber's portion should be capped at something like 5%. The marginal cost for them to connect a driver to a rider is close to 0 so even 5% feels very generous.
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ekianjo ◴[] No.21628953[source]
That's not the job of the government to regulate margins of businesses. If you go by that way, then you might as well regulate every margin of every app store?
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1. cartoonworld ◴[] No.21629099{3}[source]
That is the governments job.

They aren't regulating an app on the store, they would be in this hypothetical scenario regulating the labor practices of a multinational corporation, which is for sure the job of any government.