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Uber’s fairytale of rational competition

Summary:
© AP Uber’s salt-and-pepper bearded chief executive Dara Khosrowshahi sent shockwaves around the tech world last week when, in a press release delivered alongside the transport company’s full-year results, he declared:We recognise that the era of growth at all costs is over. In a world where investors increasingly demand not just growth, but profitable growth, we ...

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