The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #02000

Submission Number:
02000
Commenter:
lo
State:
Texas
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Uber pays lots of lobbyists to speak for Uber. Likewise, Uber pays people spreading untrue statements on the internet to fool public. Uber takes $1 out of every trip first and then gives 80% of the balance to drivers. For a minimum fare, Uber takes $1 first and then gives $2.40 to drivers. Uber gets total $1.60 (a greedy 40%) out of $4.00 For a $10 fare, Uber takes $1 first and then gives $7.20 to drivers. Uber gets total $2.80 (a greedy 28%) out of $10.00 Average trip fare is $10 In conclusions, Uber takes 28% to 40% away from a $0.90/mile! Isn't this company too greedy? Credit card companies used to charge interest rate above 20%! Government shall limit Uber;s take-away just like they limit the highest interest rate too.