Uber to rival Eurostar by operating cross-channel train services

[sabrew4k3@lazysoci.al]

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[jqubed@lemmy.world]

Uber has signed a partnership with Gemini Trains to co-brand the services.

[…]

The collaboration will be similar to the partnership that Uber currently has with Thames Clippers boats in London. In this case, the company brands the boats with their logo along the side, but they are operated by Thames Clipper.

[huppakee@lemm.ee]

Sounds like the flixbus (or rather flixtrain model) which has been a good and a bad thing I guess. I expect competition to be a good thing for everyone unless they go and offer service below cost until the competition goes bankrupt and then abuse their new monopoly. Let's see how this plays out...

[anonymaus@feddit.org]

Given that they are a american company, they will probably just buy out their competition and close them down

[robbity@lemm.ee]

Well Eurostar is a state owned company. It can't go bankrupt. But if it starts losing a lot of money, it can be scaled down.

[hallunke23@troet.cafe]

Not correct. Eurostar may be state-owned, but they're still a Limited company, so they can file for bankruptcy.

Actually, the company which operates the Eurotunnel went bankrupt at least 3 times IIRC.

@Robbity @huppakee

[robbity@lemm.ee]

Eurotunnel was not state owned.
Yes it can technically go bankrupt, but it won't.