For partisans of the sharing economy, the result of this privatization will be a dynamic mix of corporate sovereigns, all jostling to better serve the producers and consumers on each side of their platforms. But is competition really all that likely for the major platforms? Things don’t look so good for Lyft, the Uber also-ran, despite what a series of highly visible attacks staged by Uber managers might imply. When a monopolizing firm starts conquering city after city, it looks a bit more like a colonizer than a company competing with other companies.
It’s full of monopolies now, but we can do something about that.