How is this a vulnerability?
Shouldn't one expect something like a Pareto distribution to emerge here anyways?
Pareto distributions are common in two-sided markets with geographic factors. BUT, when there's a reasonable possibility of extra regulation imposed at the regional level... that's a big risk.
"One thing the filing makes clear: It wouldn’t take a global movement to stress the company’s business model. A couple big-city mayors could do that all on their own. "
You can't trust financial news from propaganda outlets like Slate because they only care about their agenda.