Case unproven I am afraid. Uber and Lyft are losing money. What does ECON101 say about the desirability of entering a market where prices are below costs? That, more than any network effect, is the reason additional competitors are so rare in the US. When prices move to a long-run equilibrium the situation will likely change.

Based in Dallas, TX, USA. Entrepreneur. Software designer. Wine, food, and travel writer. Ph.D. in Economics. Soccer fanatic.

Based in Dallas, TX, USA. Entrepreneur. Software designer. Wine, food, and travel writer. Ph.D. in Economics. Soccer fanatic.