Warning over Uber’s market power after Ola leaves NZ

Warning over Uber’s market power after Ola leaves NZ
Uber is now the only company in NZ that connects independent drivers with passengers via an app.
Gregor Thompson
Worker representatives have raised concerns over ride-sharing app Uber’s market dominance in New Zealand since rival rideshare firm Ola closed.After five and a half years, Ola had its last day of operations on April 12.This is cause for concern for some, and it should be for everyone, First Union delegate Anita Rosentreter told BusinessDesk."[Uber] was already far away the biggest player in the market. So they already acted like a monopoly,” said Rosentreter, who has been representing Uber drivers to get them recognised as empl...

More Economy

Business gloom offers inflation hope
Economy

Business gloom offers inflation hope

The New Zealand Institute of Economic Research’s (NZIER) Quarterly Survey of Business Opinion shows a continued deterioration in business confidence in the second quarter.A net 35% of firms expected a deterioration in the general economic outlook over the coming months on a seaso...

Staff reporters 02 Jul 2024
Independent costings needed for tough political decisions
Economy

Independent costings needed for tough political decisions

The time is now for an Independent Fiscal Institution.

Cameron Bagrie 01 Jul 2024
Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Gregor Thompson 01 Jul 2024