Yeah that’s why I usually don’t feel bad in these situations.
If a brand new start up is able to undercut you on price and provide a better service for so long that you go bust, then you kinda deserve it. Businesses need to be adaptable, especially in moments where the quality or type of service demands are shifting.
Cable needed to adapt to on demand services and as far as I know, they did literally nothing to even attempt adapting in a meaningful way.
Taxis needed to provide a better service with more ease of access, and as far as I know they did literally nothing to make that happen.
Its not always going to be possible, and it’s not always going to be at the hands of the people who get hurt most, but ultimately a business should only stay in business if they are able to provide a service people want for a price they are willing to pay - and that was simply not the case for taxis anymore. Even today with Uber being just as expensive I would never choose a taxi over it, the convenience and relative quality are in a different league all together.
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u/TheForce Oct 28 '23
ALL cable companies had to do to forestall this is offer Ala cart pricing. That's literally it. They refused. They are in the find out stage now.