[hoopd]

Your critique fails because taxi companies and Uber have wildly different cost and operational structures. Clearly Uber is turning a healthy profit.

I agree that stable prices are important for public transportation and that people like them, but stable prices require regulation or an extremely healthy market. In this case we're seeing a change of regulatory powers.

[1024core]

> Clearly Uber is turning a healthy profit.

Not really. They're losing money: http://www.bloomberg.com/news/articles/2015-06-30/uber-bonds...

[hoopd]

Investing heavily in multiple new markets doesn't exactly count as losing money and it doesn't mean their business model isn't wildly profitable.