> Uber has the most VC by far. But, if they use that to kill competitors and subsequently try to raise prices, I'd happily switch to the next upstart that undercuts them.
That's the rub of dumping. You basically have to do it indefinitely or you eventually get competition. The lucrative "jack up prices" phase is really hard to safely transition to. Barriers to entry, specifically long lead times, will make dumping more feasible for certain goods or services. It's not trivial to spin up a car service, but I'm not sure the barriers to entry are high enough or not.
There are other ways you can behave anti-competitively without dumping too...
That's the rub of dumping. You basically have to do it indefinitely or you eventually get competition. The lucrative "jack up prices" phase is really hard to safely transition to. Barriers to entry, specifically long lead times, will make dumping more feasible for certain goods or services. It's not trivial to spin up a car service, but I'm not sure the barriers to entry are high enough or not.
There are other ways you can behave anti-competitively without dumping too...