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This is a really elementary misunderstanding of free market principles. That theory only holds if the market is actually free.

As an extreme example, if they regulated minimum $1000 per ride. No logical person, free market oriented or not, would expect "alternatives" to take their place.

discuss

squigz|1 year ago

> That theory only holds if the market is actually free.

That was my point, since in fact no market is free

addicted|1 year ago

Could you give an example of such a truly free market so we have a common baseline for a discussion?