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Which corporations are being protected in Italy? As outlined multiple times in this thread all the taxi licenses are owned by individuals. Uber will fail precisely for the reason you pointed out, they will never be able to keep a monopoly. In the mean time though it is not in the interests of society to favour short term gains for the individual in the form of cheap loss leading fares (price dumping... not a myth and widely documented.. how else could Uber be haemorrhaging $1B plus a quarter?) at the expense of mass unemployment and the associated reduced tax receipts that benefit society as a whole. Arguing otherwise is extremely short sighted.



Italians taxi drivers are independents and therefor are single person corporations. Same thing. They offer horrible service and use the law to keep higher quality and lower price competition away.

I'm sorry but you don't understand what price dumping is, there is nothing wrong with offering lower prices at a loss, most companies do so to bootstrap or try to get into a market. What you are accusing them is to dump prices and then in the future higher their prices once there is no more competition and then keep a monopoly forever. This part is the myth that _never_ happens, if Uber kills competition and then hikes its prices, competition will come back because there will be a good business opportunity. Again, read this to see how "price dumping" accusations are always about protectionism against better competition and innovation, most economists agree with this, it's one of the oldest tricks of protectionism and mercantilism. Accuse new entrant offering something better at a lower price of just wanting to kill your business and then up their prices, by this logic we would never ever see any price lowering if anyone offering better service and innovation at lower prices was accused of "price dumping". This is what's wrong with Italy (and France), so sad to see so many people falling for these myths that only serve a few corrupt lobbies that are against innovation and competition https://ideas.repec.org/a/ags/ecjilt/23876.html


>Italians taxi drivers are independents and therefor are single person corporations.

Scraping the barrel there


Favoring a tiny minority against the majority of the people is corporatism/fascism. It doesn't matter what the size of the corporation is, ever heard of corporatism? You're the one scraping the barrel here.




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