[1]Private Transport Monopolies Will Be Bad for Everybody:
Last week the transportation rumor mill pumped out a story that
ride-hailing company Lyft is acquiring [2]Motivate, the bikeshare
operator behind New York's Citi Bike, San Francisco's GoBike, and
Chicago's Divvy Bike. The deal, which was first reported late last
week by [3]The Information, is said to be in the range of $250
million.
I'm not sounding the alarm over a $250-million acquisition, but it
is worth examining how consolidation in the private transportation
sector will affect the public. After all, monopolies in
[4]agriculture and [5]healthcare have led to higher pricing,
artificial demand, [6]and antitrust strategies like price-fixing.
(Via [7]Motherboard)
More important, isn't this a variation of the plot of [8]Who Framed
Roger Rabbit?
__________________________________________________________________
My original entry is here: [9]Private Transport Monopolies Will Be Bad
for Everybody. It posted Thu, 07 Jun 2018 22:37:19 +0000.
Filed under: tech,
References
1.
https://motherboard.vice.com/en_us/article/mbk5ja/lyft-motivate-deal-private-transport-monopoly
2.
https://www.motivateco.com/where-we-do-it/
3.
https://www.theinformation.com/articles/lyft-nears-acquisition-of-motivate-u-s-bike-share-leader
4.
https://www.usatoday.com/story/news/politics/2017/08/29/mega-mergers-agribusiness-raise-concerns-food-costs-biodiversity/558980001/
5.
http://thehill.com/opinion/healthcare/379878-continuing-problem-of-health-care-consolidation-is-leading-to-higher-costs
6.
http://www.meatpoultry.com/articles/news_home/Business/2018/05/Poultry_companies_face_another.aspx?ID={6FB9B06A-4F26-4E2B-AB56-12BBAE5FC765}&cck=1
7.
https://motherboard.vice.com/en_us
8.
https://en.wikipedia.org/wiki/Who_Framed_Roger_Rabbit
9.
https://www.prjorgensen.com/?p=1201
