According to a new article in Fortune magazine, Uber tried to acquire its competitor, Lyft, in 2014. Those negotiations have now failed.
The article states that Lyft is Uber’s biggest rival, with a 20% market share in the United States. Las Vegas area drivers know how successful Lyft has been and Uber is spending large amounts of money defending its turf. Competitive tactics include thwarting Lyft’s fundraising efforts as well as sending undercover agents on Lyft rides, trying to convince drivers to defect to Uber.