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

(www.bbc.com)
256 points reubensutton | 1 comments | 25 Nov 19 10:19 UTC | HN request time: 0s | source
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thinkindie ◴[25 Nov 19 14:49 UTC] 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 ◴[25 Nov 19 15:05 UTC] 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 ◴[25 Nov 19 15:17 UTC] 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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1. ApolloFortyNine ◴[25 Nov 19 16:14 UTC] No.21629479{3}[source]▶
Drivers can set their own rates, or at least to the success a bidding process would work. If the rate is to low, don't work. If there was a bidding process I wouldn't be surprised if you saw rates actually drop.