Tag: Predatory Pricing

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers team up in gangs to force higher prices before they pick up passengers, research has revealed. Researchers at the University of Warwick found Uber drivers in London and New York have been tricking the app into thinking there is a shortage of cars in order to raise surge prices. According to the study. drivers manipulate Uber’s algorithm […]

Uber drivers work together to create price surge and charge customers more, researchers find | The Independent

Uber drivers work together to create price surge and charge customers more, researchers find | The Independent

Uber drivers are deliberately going offline in unison so that prices surge and they can charge customers more when they log back into the app, according to new research. Uber’s so-called dynamic pricing model means that it responds to supply and demand, increasing the cost of a trip at busy times such as when bars […]

Ask the editor: How does Uber and Lyft return affect Austin? | Community Impact Newspaper

Ask the editor: How does Uber and Lyft return affect Austin? | Community Impact Newspaper

The statewide law superseded municipal rules, such as Austin’s requirement for ride-hailing drivers to undergo fingerprint-based background checks. Uber and Lyft left Austin after the failure of a ballot proposition calling for looser regulations of the local ride-hailing industry. Under the December 2015 ordinance, an app-based ride-hailing company with dynamic pricing, also known as a […]

Senate inquiry sought on mass transport | The Manila Times

Senate inquiry sought on mass transport | The Manila Times

“Mobility has been a key concern of our country. We should fast-track our projects on modernizing our public transport system so that Filipinos will have a viable transportation option,” Angara said. Many senators have expressed their support to TNVS operation noting that it provides better service that the traditional taxis that have been a subject […]

Will Jio’s 4G feature phone be as disruptive as its pricing strategy? | Business Standard News

Will Jio’s 4G feature phone be as disruptive as its pricing strategy? | Business Standard News

 If Reliance Jio looks at wooing 100 million customers in the next 12 months to 4G features devices, it would mean its competitors could lose at least 10 per cent of their subscribers. A large number of those migrating are expected to be the low-paying customers of the three incumbents. The incumbents could see pressure […]

Ejercito: LTFRB, Uber and Grab all have fault | Inquirer News

Ejercito: LTFRB, Uber and Grab all have fault | Inquirer News

The senator earlier chided the LTFRB for cracking down on Grab and Uber, which he said “offer far better and more convenient services than regular taxis.” Instead of banning TNVS, Ejercito said the LTFRB should take action first on the complaints against the taxi drivers. “Kung ganito kayo kaingay at kadesididong patawan ng service ban […]

Competition Commission: Competition Commission rejects complaint against Ola | Times of India

Competition Commission: Competition Commission rejects complaint against Ola | Times of India

While rejecting the complaint after finding that ANI Technologies (Opposite Party) is not a dominant player in the relevant market, the watchdog has also delved into the pricing ways of taxi services providers. “Without going into the legitimacy of OP’s pricing strategy, suffice to say that besides statutory compulsion of non-intervention in the present case, […]

Uber surge rates: Melbourne train shutdown prompts call for cap on Uber fares after passengers charged three times normal rate | Herald Sun

Uber surge rates: Melbourne train shutdown prompts call for cap on Uber fares after passengers charged three times normal rate | Herald Sun

According to Uber, its surge rates are an important way of ensuring that passengers can get a ride in a reasonable time frame in periods of high demand, with more drivers encouraged to get on the road. Passengers are provided with the surge rate and an estimated cost of the fare before agreeing to the […]

Uber surge pricing to be capped by Victorian Government after Metro chaos | Australian Broadcasting Corporation

Uber surge pricing to be capped by Victorian Government after Metro chaos | Australian Broadcasting Corporation

Uber users were left angry last Thursday when fares were much higher than usual, during Melbourne’s train network shut down during the evening rush hour. The ridesharing company uses “dynamic pricing”, which means that when demand is higher fares increase. Users are given a quoted price before they accept a fare. In one case $50 […]

Uber’s £106 for 20 mile taxi trip in Northern Ireland slammed | Belfast Telegraph

Uber’s £106 for 20 mile taxi trip in Northern Ireland slammed | Belfast Telegraph

Uber’s ‘surge’ policy means some passengers have said they have been charged as much as eight times a normal taxi fare. Several passengers have said they were not aware of the cost of their journey until after they left the vehicle. Because a credit card is needed to set up an Uber account, the money […]