Question: Answer in no more than 100 words! Correct answer will receive a like! 4. In the market for ride sharing services, Uber is the market

Answer in no more than 100 words!

Correct answer will receive a like!

4. In the market for ride sharing services, Uber is the market leader, followed by Lyft, Curb, and Sidecar. In each overseas country where Uber operates, it faces local competitors: UK rivals include BlaBlaCar, Carpooling.com, and Hailo. What are the sources of network externalities in this market? Do they operate at the city, national, or global level? Does the strength of these network effects mean that Uber's competitors are doomed to failure

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