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by yummyfajitas
3684 days ago
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Just think how bad it might be if cities were to create regulations to keep out anyone besides Uber. Then Uber might create a medallion system - artificially limiting the number of cars on the road - to maximize their profits [1]. Uber would also have no real incentive to monitor their driver's behavior - after all, it's not like they'll lose any business to Ola, Lyft or Meru. They might even engage in racist protectionism, like banning cab drivers from the wrong ethnic group [2]! I sure hope no one ever gets this kind of monopoly on taxi cabs! [1] https://en.wikipedia.org/wiki/Taxicabs_of_New_York_City#Meda... [2] http://www.firstpost.com/india/dont-know-marathi-cant-drive-... (For those unfamiliar, Shiv Sena is basically the Donald Trump party of Maharashtra.) |
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http://www.cnbc.com/2015/06/17/ubers-self-driving-car-future...
(one example; there are more recent articles)