Uber has been doing damage to society ever since they introduced the rideshare option. They don't have to be the only player available to be a problem; being a monopoly would just be a cherry on the cake.
Competition is fine, as long as it plays by the rules. That it has to play by a stricter rulebook than the incumbents had when they were starting isn't a bad thing, just suboptimal. "Better late than never".
They don't have a profitable business, it is driving down prices not through any innovation just shit loads of investment. I can only guess the investors are expecting a return as per usual. So how the fuck is that going to happen?
