Ubernomics: Why Everything's a Monopoly Now

Transcript

This Uber cost £3.33p. That's around $4.56 or £3.90. In short, dirt cheap. A traditional taxi booked in advance would have cost more than double that at around £810. A bus would only save you 33p, but it would also have involved a whole lot of walking at either end. This Uber feels kind of impossibly cheap, and it is, but I'll explain quite how imp... Read More