CAB 2.67% $2.19 cabcharge australia limited

Your analogy is not the same. Blockbuster went bankrupt because...

  1. 61 Posts.
    Your analogy is not the same. Blockbuster went bankrupt because people could download and/or stream movies for FREE and, even though illegal it is still popular to this day. Uber you have to COMPETE on price.

    The way I see Uber is that it just another form of transport entering the market. Based on your logic, buses and trains should have destroyed Taxis a long time ago. Taxis will still be there.
    Last edited by ABCguy: 28/08/16
 
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