The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop #02006

Submission Number:
02006
Commenter:
Smith
State:
District of Columbia
Initiative Name:
The "Sharing" Economy: Issues Facing Platforms, Participants, and Regulators A Federal Trade Commission Workshop
Uber Investors Here's Why Your Uber is Heaven 1. Uber is IPO heaven! Uber is your chance to get in on the ground floor of $50billion valuation. 2. Uber is free market heaven. Uber doesn't negotiate fares! Uber sets Rider fares. Drivers accept Ubers fares. 3. Uber is gotcha heaven! Uber drivers don't know where the riders are going, until the driver gets to the rider! 4. Uber is guilt-free heaven. Uber tells riders there is no need to tip their drivers! 5. Uber is naive driver heaven. Uber doesn't pay for gas, tires, oil changes, or repairs! Uber sets fares so low most discount Uber drivers lose money and new car miles means drivers lose their car equity. 6. Uber is rider heaven! Uber sets fares at less than a dollar and $.75cents/mile in many markets. Fares are paid ONLY when rider is in Uber. Drivers pay for all gas and expenses of miles to a Rider and from a Rider, and then some Riders cancel. 7. Uber is ROI heaven. Uber does this in about 300 markets. 8. Uber is the owner's heaven. Uber knows people need jobs! Uber knows struggling drivers have nice cars! 9. Uber advertises fares per hour to find new drivers. Then Uber pays drivers only a percentage of fares per hour. 10. Uber is a new taxi driver heaven. Most Uber drivers don't need chauffeur licenses like taxi drivers. Most Uber drivers don't have the same commercial insurance as taxi drivers. Most Uber drivers don't pay for the same commercial plates as taxi drivers. Most Uber drivers don't play by the same airport rules as taxi drivers. 11. Uber Doesn't Play By OPR: Other People's Rules, Unless a Court Makes Uber Play By OP Rules 12. Uber heaven has God View 13. Uber says you can't sue Uber! Uber says WTF, Uber is just a technology company.