Comment by SR2Z
16 hours ago
...except Uber STILL faces competition, and I went back to hotels after finding AirBnB too pricy.
It is good and proper that people aim to create monopolies, as long as they want to do that in a productive and legal way! Monopolies are inherently dangerous, but the truth is that acquiring and maintaining one is not straightforward unless you can get the government to ban your competitors.
Even if these companies monopoly falters after IPO the disruption and distraction to a focus on producing can be a problem.