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UBER competes with several similar service providers such as Taxify, Zebra Cabs, Orange Cabs etc. Justify the type of market structure that UBER operates in

UBER competes with several similar service providers such as Taxify, Zebra Cabs, Orange Cabs etc. Justify the type of market structure that UBER operates in and evaluate the likelihood of UBER making an economic profit in the long-run.

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