More cabbies leaving the job amid stiff competition

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USe the 5W-1H to get 2 points....desirable for WHO?
Consumers benefit from lower prices from Uber, Grab etc
Business suffer from cutthroat competition...unsustainable? Recall the term 'disruptive ecnonpmy'
Business benefit as forces them to innovate using apps to provide better services?
Workers either lose jobs as companies folded, or quit jobs as job no longer paying a decent wage...

Qn: Is compeition always desirable? (Cam. 2016)