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Uber drivers are potentially getting exploited because they don't get the protections of regular worker.

You could say that they could just go over to another service, but there are only so many of these new-age taxi operators. Unless the number of drivers is extremely limited, the same thing will happen to them as to people in other industries (say, cleaning houses):

The customer wants lower prices, the business wants higher margins, so the business squeezes the (badly-positioned) workers.

There's already been protestation with Uber's "misleading" ( it was heavily subsidised at first, but stopped recently) wages given to the drivers.

This is just another example of why the labor market is really not an efficient free market.




Thanks. How high is the barrier to market exit for Uber drivers?


well, if you've been a taxi driver for a while, pretty high I imagine. You might have other marketable skills, but you might not.




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