London Banter - View Single Post

[email protected] · September 28th 17, 11:06 PM posted to uk.transport.london

In article
-september
..org, (Recliner) wrote:

Roland Perry wrote:
In message , at 09:49:01 on
Thu, 28 Sep 2017, Robin9 remarked:

[excessive snippage]

Interesting, but none of that changes the simple reality which is
that if Uber shut down in London, their drivers will not then give
up being minicab drivers and seek new vocations. They will
continue as minicab drivers as best they can and their cars will
still be on London's roads. .

Why didn't they do that *before* Uber arrived?

You are saying that the Uber app wasn't facilitating extra cabs
after all.

It almost certainly increased the number of minicabs. But if Uber really
does get shut down in a year or so, lots of other similar apps will be
waiting to take its place. In effect, Uber established and validated a new
market in London, and even if it is forced out, that market won't vanish
with it.

But the fares will more closely reflect actual costs rather than Uber's huge
loss leader rates.

--
Colin Rosenstiel