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Uber Isn’t Going to Conquer the World – Bloomberg View

“These markets are contestable, and they’re contestable city-by-city,” Arun Sundararajan, a professor at New York University’s Stern School of Business, told me a few weeks ago. “There are network effects that are local to a particular market, but these are not like Facebook’s network effects. They don’t give you a multiyear advantage.” Source: Uber Isn’t […]

“These markets are contestable, and they’re contestable city-by-city,” Arun Sundararajan, a professor at New York University’s Stern School of Business, told me a few weeks ago. “There are network effects that are local to a particular market, but these are not like Facebook’s network effects. They don’t give you a multiyear advantage.”

Source: Uber Isn’t Going to Conquer the World – Bloomberg View

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