I mean that’s not really true. The new FTC chair literally got the position by writing a paper on why Amazon should be broken up, and has raised numerous cases to stop recent M&A activity. One Meta/FB acquisition of a VR company, the Microsoft Blizzard/Activision buyout, among others. They’ve been shut down a lot by the courts.

If what he says is true, that it’s going up because of driver pay, that’s good at least. Uber at least has competition in Lyft, and both have a lot more markets to enter around the world by chipping away the established local taxi businesses, which can also compete by dropping their prices…

Overall I think Uber is a net positive. But $50 is a pretty ridiculous fee.