Onyeka Aralu Cited in Semafor on Uber’s Exit from Nigeria
Semafor
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Semafor cited ICLE Competition Fellow Onyeka Aralu in an article on Uber’s exit from Nigeria. The piece examines how subsidies for short trips, low ride volume, and competition from locally adapted platforms made it difficult for Uber to sustain its operations. It also cites Aralu’s observation that Uber’s retreat challenges the assumption that U.S. technology companies will inevitably dominate every market they enter. Read the full article here.
Uber’s Nigeria exit and overall experience in Africa “undercuts the assumption that U.S. technology companies will inevitably dominate every market they enter,” Onyeka Aralu, a competition fellow at the International Center for Law & Economics in Oregon, argues.