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Tech and the Fake Market tactic – Humane Tech – Medium
It seems this “market” has some awfully weird traits.

Consumers can’t trust the information they’re being provided to make a purchasing decision.
A single opaque algorithm defines which buyers are matched with which sellers.
Sellers have no control over their own pricing or profit margins.
Regulators see the genuine short-term consumer benefit but don’t realize the long-term harms that can arise.

This is, by any reasonable definition, no market at all. One might even call Uber a “Fake Market”.
march 2017 by copystar
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