Technology

Is Uber Price Gouging Starting To Rub Market The Wrong Way?

Posted on December 19, 2013

POINT: Uber may just have discovered that there are limits to the surge. During a ferocious winter storm on Saturday night it ticked off Manhattanites no end with fares that ran seven or eight times normal rates. One passenger allowed the website gothamist.com to publish his receipt, $94 for an 11-minute trip covering less than two miles.

Read more: The Economy Hub column, By Michael Hiltzik, Los Angeles Times

COUNTERPOINT: Here's a message to Uber gripers: Get over it. Uber doesn't have a monopoly on public transportation.

Read more and see video: CNN Money column, David Goldman

View comments or post a comment on this story. (2 Comments)

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