Uber has actually created the market for new competition to enter. Since they can't stop their drivers from driving for a new competitor, all any new competitor needs to enter the market is an app and a lower price / bigger split with the drivers. Given any new competitor will not be carrying the capital costs of building the network in the first place they will be able to outcompete uber. The eventual winner is going to be the consumer as the market becomes a profitless commodity service.
I have to say that I am surprised that uber didn't use the driver lawsuits to lock up their network. If the drivers were employees then they could have prevented them from driving for other services.
I have to say that I am surprised that uber didn't use the driver lawsuits to lock up their network. If the drivers were employees then they could have prevented them from driving for other services.