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by incongruity 3293 days ago
And cities are free to regulate the ride sharing operators or reduce taxi medallion and tax costs to let them come back. The government fees/licensing restrictions are the only significant barrier to entry in the industry. Fix those and Uber/Lyft have competition in days.
2 comments

Funny you should say that. Austin attempted to do this but the Uber and Lyft lobbyists were able to prop up legislation at the state level. Hard to see that happening with a local taxi co.
They do regulate. Uber/Lyft flout the regulations...
Minimally in comparison to taxis - and some regulations are obeyed. A good example is the airport agreements in Chicago.
Well, Chicago is the city that works. But Uber is a bigger gang than the mob. Should that scare us?

Really, things seem less corrupt now than they did with Daley so maybe there aren't big payoffs by taxis, just laziness from them and the police.