Uber claims it opens cities up – but really closes them down

    Description

    Much closer to the truth may be that, when Uber isn’t wrapping itself in cloaks of communal good, it is busy trying to institute a monopoly on ride-hailing. It actively encloses what could be a more open city in which riders and drivers work to benefit city residents.

    In other words, Uber “opens” cities to “close” them. It's just another intermediary capitalist (like eBay, Airbnb and PayPal) that profits from the needs of typically urban people connected to the internet. It's an extension of capitalism, a business trying to maximise its market share.

    Subject

    Regulatory and Litigation; Corporate

    Period7 Sep 2016

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