It is a bit concerning that Uber is hemorrhaging money right now, being able to cost themselves lower than conventional cabs because they have such a massive amount of capital.<p>Outpricing your competition by making a loss&#x2F;no profit is a nasty tactic, especially when your competition can&#x27;t compete at a loss (for whatever reasons) and then goes out of business, only for the surviving business to then rise their prices to whatever point they want, given that there is now no competition.