Finally it comes to what wins the customers: Trust or Utility or the Balanced of Both.
24 karma · joined January 13, 2014
Finally it comes to what wins the customers: Trust or Utility or the Balanced of Both.
If uber pays 1M $ OR 500K Euros for every taxi license, uber will ask much more than what Taxi unions are asking for.
The other way to solve the issue is let govt repay the money to taxi owners and allow everybody to compete on equal footing.
Medallion owners pay close to 1.0 M $ to get the Taxi license from the city (NY) and they are not doing that for charity. If a new middlemen like Uber try to take the market without paying single dime it is bound to cause issues who have played by rules and invested significant money to acquire the license.
Uber simply tries to aggregate the demand side and demand concessions from the supply side to get the leads. Portraying Uber as egalitarian is wrong in so many levels.