Tuesday, May 21, 2019

Surge pricing should be regulated

Surge pricing was introduced by ride hailing companies, such as Uber and Grab. The largest regular taxi company, Comfort, is planning to implement it. Now a food delivery company, Deliveroo, is planning to introduce surge pricing.

How far should surge pricing be allowed? Can any business be allowed to introduce surge pricing, as it "reflects the market"? Should pricing continue to be regulated by the government?


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