Right, except now instead of having the option of taxis and ride share companies she can only use taxis which have artificially inflated prices due to constricted supply.
As opposed to rideshare which had artificially deflated prices due to a temporary infusion of investors money. Maybe push for more rational taxi regulations?
Taxis are subject to the medallion system where municipalities deliberately limit the number of taxis that can operate. This certainly increases prices for consumers. If Uber and Lyft aren't profitable the they run the possibility of going out of business.
The former is a definite harm to consumers. The latter is a possibility of loss for investors.