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Uber starts charging what it thinks you're willing to pay
Uber drivers have been complaining that the gap between the fare a rider pays and what the driver receives is getting wider. On friday, uber acknowledged to drivers the discrepancy between their compensation and what riders pay. The new fare system is called route-based pricing, and it charges customers based on what it predicts they're willing to pay. It's a break from the past, when uber calculated fares using a combination of mileage, time and multipliers based on geographic demand.
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