"predatory pricing" by Uber and Lyft (Read 6313 times)

ren

"predatory pricing" by Uber and Lyft
« on: May 23, 2018, 07:48:15 PM »
Deeds Not Words

hvybarrels

Re: "predatory pricing" by Uber and Lyft
« Reply #1 on: May 30, 2018, 08:33:01 AM »
Their strategy is to expand into every territory, use heavy incentives to sign up as many drivers as possible regardless of what the market can bear, and once the competition is squeezed out then they tweak the algos to tighten the screws on their own "contractors" in an act that can only be described as synchronized wage destruction.

They pay off politicians to look the other way, and then pretty soon you have cabbies killing themselves to protest what is essentially slavery.

https://www.nytimes.com/2018/02/06/nyregion/livery-driver-taxi-uber.html

In the long run consumers also lose because the prices go back up and the quality of service goes down, which can have deadly consequences. The whole point of paying taxis a living wage is you don't want sleep deprived emotionally unstable debt serfs turning the roads into a blood bath.
Stop blaming lazy people. We didn’t do anything.

ren

Re: "predatory pricing" by Uber and Lyft
« Reply #2 on: May 30, 2018, 09:49:40 AM »
haha "living wage"  :rofl:
Deeds Not Words

rklapp

Re: "predatory pricing" by Uber and Lyft
« Reply #3 on: May 30, 2018, 09:31:54 PM »
Everyone knows that Uber and Lyft are the taxi service for late night drunk people.
Yahh! Freedom and justice shall always prevail over tyranny, Babysitter Girl!
https://ronsreloading.wordpress.com/

macsak

Re: "predatory pricing" by Uber and Lyft
« Reply #4 on: May 30, 2018, 09:45:30 PM »
Everyone knows that Uber and Lyft are the taxi service for late night drunk people.

like everyone knows you should use mean spread to measure MOA?

ren

Re: "predatory pricing" by Uber and Lyft
« Reply #5 on: May 30, 2018, 10:03:07 PM »
like everyone knows you should use mean spread to measure MOA?

whoa da mean...
predatory posting?
Deeds Not Words

macsak

Re: "predatory pricing" by Uber and Lyft
« Reply #6 on: May 30, 2018, 10:07:46 PM »
whoa da mean...
predatory posting?

heads

hvybarrels

Re: "predatory pricing" by Uber and Lyft
« Reply #7 on: May 30, 2018, 10:24:35 PM »
haha "living wage"  :rofl:

It's the only known antidote to a dying middle class

http://www.foxnews.com/tech/2018/05/30/string-new-york-taxi-driver-suicides-raise-concerns-as-uber-lyft-proliferate.amp.html

But shareholders don't care about the REAL economy as much as their digital hallucinations
Stop blaming lazy people. We didn’t do anything.

rklapp

Re: "predatory pricing" by Uber and Lyft
« Reply #8 on: May 30, 2018, 10:41:41 PM »
like everyone knows you should use mean spread to measure MOA?
Only when I'm drunk...
Yahh! Freedom and justice shall always prevail over tyranny, Babysitter Girl!
https://ronsreloading.wordpress.com/

zippz

Re: "predatory pricing" by Uber and Lyft
« Reply #9 on: May 31, 2018, 06:18:01 AM »
There still is competition between uber, lyft, and other ride sharing services so prices should stay down.  Their future goal is to have automated cars zipping around 24/7 and eliminate the need for people to own cars.  Also eliminates the need for parking lots, garages, public transportation, traffic controls, etc.

Will end up being cheaper and more efficient than catching the bus and rail if we remove subsidies.

I don't believe in the predatory pricing.  Its supply and demand.  Reason people are against it is we're so used to govenrment handouts, regulations, and penalizing successful and innovative things.

ren

Re: "predatory pricing" by Uber and Lyft
« Reply #10 on: May 31, 2018, 06:33:00 AM »
There still is competition between uber, lyft, and other ride sharing services so prices should stay down.  Their future goal is to have automated cars zipping around 24/7 and eliminate the need for people to own cars.  Also eliminates the need for parking lots, garages, public transportation, traffic controls, etc.

Will end up being cheaper and more efficient than catching the bus and rail if we remove subsidies.

I don't believe in the predatory pricing.  Its supply and demand.  Reason people are against it is we're so used to govenrment handouts, regulations, and penalizing successful and innovative things.

exactly
Deeds Not Words

bass monkey

Re: "predatory pricing" by Uber and Lyft
« Reply #11 on: May 31, 2018, 08:26:22 AM »
Its bill 35, and the city council is looking to pass it
Its interesting to say the least
Uber is always recruiting so that's what's killing the "predatory pricing" aka "surge" to drivers
Also when they updated the riders app it showed the actual price

drck1000

Re: "predatory pricing" by Uber and Lyft
« Reply #12 on: May 31, 2018, 08:58:50 AM »
I’ve had only positive experiences with Uber and Lyft. And yes, I use them after drinking or if I anticipate a night of drinking.

I’ve heard of some ridiculous pricing in places like LA and San Diego, but all good in my experiences in Hawaii and Vegas.

hvybarrels

Re: "predatory pricing" by Uber and Lyft
« Reply #13 on: June 02, 2018, 10:01:02 AM »
I don't believe in the predatory pricing.  Its supply and demand.  Reason people are against it is we're so used to govenrment handouts, regulations, and penalizing successful and innovative things.

It's a trap, but you have to be able to think a few steps ahead to see it. Instead of many small companies creating jobs you can raise a family on we are transitioning to MegaCorp gigs that require people to work triple OT just to maintain their debt.

And when you automate everything that means no jobs for poor people and only rich people can afford stuff, and every day the class divide in Honolulu looks a bit more like Rio or Sao Paulo. But the news is owned by rich people so that's the only perspective you get unless you can read between the lines.
Stop blaming lazy people. We didn’t do anything.

rklapp

Re: "predatory pricing" by Uber and Lyft
« Reply #14 on: June 02, 2018, 10:34:57 AM »
It's only predatory pricing for the hung over people on Saturday morning when they discover the $200 charge on their credit card.

We tried to use Uber in New Orleans to get to the airport but the price sky rocketed so we walked down to St. Charles and grabbed a taxi for a third of the price. No problem...
Yahh! Freedom and justice shall always prevail over tyranny, Babysitter Girl!
https://ronsreloading.wordpress.com/

hvybarrels

Re: "predatory pricing" by Uber and Lyft
« Reply #15 on: June 02, 2018, 11:34:01 PM »
Man I want to go back to New Orleans. The cabbies I got there were super cool and loved to talk about their city, but that was before Katrina.
Stop blaming lazy people. We didn’t do anything.

eyeeatingfish

Re: "predatory pricing" by Uber and Lyft
« Reply #16 on: June 15, 2018, 05:22:32 PM »
Their strategy is to expand into every territory, use heavy incentives to sign up as many drivers as possible regardless of what the market can bear, and once the competition is squeezed out then they tweak the algos to tighten the screws on their own "contractors" in an act that can only be described as synchronized wage destruction.

They pay off politicians to look the other way, and then pretty soon you have cabbies killing themselves to protest what is essentially slavery.

https://www.nytimes.com/2018/02/06/nyregion/livery-driver-taxi-uber.html

In the long run consumers also lose because the prices go back up and the quality of service goes down, which can have deadly consequences. The whole point of paying taxis a living wage is you don't want sleep deprived emotionally unstable debt serfs turning the roads into a blood bath.

Quite the conspiracy theory there.

drck1000

Re: "predatory pricing" by Uber and Lyft
« Reply #17 on: June 26, 2018, 01:15:01 PM »
Not predatory pricing, but had some suspicious activity on the CC linked to my Uber account as well as a fare charge that was higher than promised.

Had two rides and two charges for $100 on my CC that my CC company caught and warned me.  Caught that and went through the fraudulent charge process.

Then I noticed the receipt was about $10 more than the promised fare and the receipt stated charge for time.  I didn't make the driver wait and didn't do any stops.  Submitted request for review to Uber and they responded with a refund in about 5 minutes.

So be sure to double check your receipt after the ride.  I am not sure if the driver doctored the charge, but I had been drinking, so maybe he thought he could pull a fast one. 

changemyoil66

Re: "predatory pricing" by Uber and Lyft
« Reply #18 on: June 26, 2018, 02:52:00 PM »
Nice name to it by the media to try and get people on their side.  Even with elevated cost during certain times, still cheaper than taxi and service is 100X better.

Many times in Vegas, I got a taxi driver who didn't know where I wanted to go.  Or they took me around the block to juice the meter.  At least with Uber, the blue line on the GPS tells them where to go and how to get there.  So there is no suspicion. Also they want that 5 star rating, so they will do their best.  I've also had drivers totally ignore me in Vegas and here.  When I call for a cab in Vegas, wait time is on average 30 mins. Uber at most is 10 mins.

So if taxi wants to compete, they need to get with the program for service and technology.  Only recently has cabs in Vegas been able to accept credit card.  But they charge you an extra fee.  So I still paid cash.

ren

Re: "predatory pricing" by Uber and Lyft
« Reply #19 on: June 26, 2018, 04:30:45 PM »
These taxi companies have been operating under a 60s process model and now they are crying because this is 2018. Welcome to the information age! This is the kind of practice that keeps Hawaii progressively backwards. While everyone else in the world is adapting to change we are still clinging on to carbon copies, fax machines, Commodore 64s and CB radios - all while thinking that Cheers is still a new sitcom on weekday nights. Norm!
Deeds Not Words