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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: 0.203s | 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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1. mikojan ◴[25 Nov 19 16:51 UTC] No.21630014[source]▶
3) Undermining the cartels of some of the most vulnerable sectors of society. 4) Shifting ressources from railway to road transit from the 1920s onwards as well as severe cuts to public transit in the 1960s and 1980s. That last point might seem like a long shot but I think it is accurate considering that the externalities of private transit are being paid by society as a whole.