Tag: Price Discrimination

P2P Transport says Uber surge pricing a swing factor | afr

P2P Transport says Uber surge pricing a swing factor | afr

P2P Transport has been positioning itself as a beneficiary of the growth of the personal transport market in Australia by providing the vehicles to drivers in both camps, but it has battled to win over investors after its 2017-18 profit and revenue results were below prospectus forecasts. P2P Transport listed on the ASX in mid-December, […]

Man books trip on ride-hailing apps; finds Grab’s fee triple that of Ryde | Yahoo! News

Man books trip on ride-hailing apps; finds Grab’s fee triple that of Ryde | Yahoo! News

Now that the dust has settled after Grab bought over Uber’s Southeast Asia operations — and both companies got fined more than S$13 million by the Competition and Consumer Commission of Singapore when the watchdog concluded this month that their merger was anti-competitive — it seems trip fees are just skyrocketing to the moon as and when surge prices […]

Ola, Uber surge pricing to be capped; ride cancellation by driver to attract fine up to Rs 25,000 | Business Today

Ola, Uber surge pricing to be capped; ride cancellation by driver to attract fine up to Rs 25,000 | Business Today

Ola and Uber have become the preferred mode of transport in cities like Delhi. However, the experience may not be pleasant all the time. Delhi government has realised the impact these cab aggregators have on daily commuters. To make things easy, a new proposal has been introduced which will install checkpoints and new rules for […]

NYC Taxi Waave Pilot Expands With Upfront Fares | Metro US

NYC Taxi Waave Pilot Expands With Upfront Fares | Metro US

Starting this week, booking a surge-free ride with an upfront price in an NYC taxi is as easy as using your preferred ride-hailing service. The new initiative is a citywide expansion of the city’s Taxi and Limo Commission pilot with the ride-hailing Waave app. Now available in all five boroughs, New Yorkers can use Waave […]

On-Demand Health Insurance Shows Promise, But Can It Deliver? | HealthLeaders Media

On-Demand Health Insurance Shows Promise, But Can It Deliver? | HealthLeaders Media

Bind, a health plan startup based in Minneapolis, offers a ‘promising concept’ aiming to revolutionize health insurance with financial backing from UnitedHealthcare. As insurers introduce their plans for the 2019 enrollment period, one health technology company is entering the space with a disruptive strategy in mind. Bind is a healthcare startup aimed at providing “on-demand […]

Uber Tasks Centralized Response Team With Monitoring Prices During Disasters | The Drive

Uber Tasks Centralized Response Team With Monitoring Prices During Disasters | The Drive

Uber is overhauling the way it responds to emergencies and natural disasters. In a blog post, the ride-hailing company said it now has a centralized command center that will direct responses to disasters, including instituting temporary price caps and suspending service. Uber’s new Global Security Center will monitor situations that may affect the company’s business […]

New measures protect Grab users against ‘excessive’ surge prices, but no restoring of discounts expected | Channel NewsAsia

New measures protect Grab users against ‘excessive’ surge prices, but no restoring of discounts expected | Channel NewsAsia

SINGAPORE: As part of measures imposed by the Competition and Consumer Commission of Singapore (CCCS) to level the playing field in the ride-hailing industry, Grab will now be required to maintain its pre-merger pricing algorithm. According to the CCCS, this is to protect the interests of passengers by ensuring that base fares remain at the same level as before Grab’s acquisition […]

Uber is overhauling the way it responds to emergencies and natural disasters | The Verge

Uber is overhauling the way it responds to emergencies and natural disasters | The Verge

Uber is overhauling its disaster response procedures so it doesn’t get caught flat-footed during major events like a hurricane or terrorist attack. In the past, Uber’s response to disasters was largely piecemeal, relying on local teams to make all the decisions about capping surge pricing or suspending service. Now, the ride-hail company’s new Global Security […]

Hong Kong airfares tipped to rise as airlines regain right to add fuel surcharges to ticket prices | South China Morning Post

Hong Kong airfares tipped to rise as airlines regain right to add fuel surcharges to ticket prices | South China Morning Post

With the deregulation of fuel surcharges, long-haul fares are expected to increase by several hundred dollars with crude oil closing in on US$80 a barrel. The last time oil was around that price four years ago, airlines slapped an extra HK$623 (US$79.80) on long-haul ticket prices and HK$143 for regional trips. Announcing the changes on […]

Airlines make big money by making you miserable | Minnesota Public Radio News

Airlines make big money by making you miserable | Minnesota Public Radio News

The airlines continue to market the fees by heralding the “choice” that passengers have. “It really amounts to being able to allow a booking to happen and then offer amenities that customers want and want to pay for as we go forward,” American Airlines president Robert Isom said yesterday. Eventually, the legacy carriers will charge […]