Posted on 10/26/2015 8:09:33 AM PDT by SeekAndFind
It’s not the taxi industry that needs to adapt, it’s the cities and their fee structure.
The license to drive a cab - the medallion - is super-expensive.
They have, but by very small numbers -- not enough to significantly increase the supply of taxis in service and increase competition.
Uber and similar services are benefiting both drivers and passengers by undermining the taxi cartel.
Um, the Obama economy also sucks and has his whole freaking term. The money pumping is just inevitably losing effect.
The only reason Uber will be targeted by state gov'ts is the revenue from taxi licensing. That's a good job for the Democrats, the party of the single party state, which is always on the lookout for ways to attract younger, inexperienced demographics.
what happens to uber when taxi companies have a fleet of self driving cars?
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