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If Uber has a moat of any sort to protect itself from competition, I'm not seeing it.

Once Uber has executed a tactical blitzkreig in a new city and incited a pogrom against the cab drivers, and fought the legislative battles with resistant city councils; the door is open for any rideshare company to glide in on Uber's coatails and take advantage of all that costly trailblazing without paying a dime.

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Cynically: that's why Uber doesn't want to win that kind of war.

They want to get in, and then work with the locals to establish some `sensible regulation'. Regulation that just happens to be cumbersome enough to deter new small-scale entrants.

This is not true in Austin. The city passed a fingerprint and registration requirement and uber and lyft both left the following weekend. Smaller competitors are growing fast. I miss the nice apps and cheap prices but the alternatives are ok.

Oh, I didn't say it always works (or even that it works most of the time.) Just that it's an obvious strategy for Uber to pursue.

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