Comment Re:Eating itself? (Score 1) 265
Between the liability/risk issues of potentially not having commercial insurance...
Uber drivers are covered under Uber's commercial insurance. The commercial insurance policy is online. And you're actually free to read it, which is more than you can do with the insurance policy of traditionaly Taxi companies.
The only thing about Uber's insurance is that the driver must be logged into the Uber app for it to apply (so this also implies that the driver is covered when he/she is on his way to pick up a ride, or just waiting around for people needing rides). For the rest of the time, the Uber driver must have personal driver's insurance.
...the increasing prices,
I think you meant to say decreasing prices. The prices of Uber have actually been decreasing. And that fits your main thesis better "that they're eating their own".
...and now the disclosure that some drivers may be just as petty as riders,
You must not take taxis very frequently, because taxi drivers can be as petty as the rest of us.