Tag: Price Discrimination

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The statewide law superseded municipal rules, such as Austin’s requirement for ride-hailing drivers to undergo fingerprint-based background checks.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 […]

NY Regulators Call on Insurers to Reveal Data Sources | InsuranceNewsNet

NY Regulators Call on Insurers to Reveal Data Sources | InsuranceNewsNet

As accessibility to data grows and data volumes multiply, insurance companies want to harness that data to be able to issue policies faster and at prices that reflect the risk companies bear when issuing a life policy. Simplified underwriting, which avoids invasive blood and urine samples, allow insurers to issue life insurance policies in a […]

A dynamic upswing in airfare is a deal-breaker | The Washington Post

A dynamic upswing in airfare is a deal-breaker | The Washington Post

Christopher Elliott’s July 9 Navigator column, “Airlines’ ‘dynamic pricing’ is full of ups and downs” [Travel], rang true. That week, my wife bought four tickets. At checkout, the total included an unexpected $100 price increase because of dynamic pricing. As predicted by the behavior analysis described in the column, my wife, tired of the whole […]

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 […]