[heavyset_go]

> Uber and Lyft are more than willing to leave all of California rather than stay and deal with the regulation. They’ve made that clear.

Given that Uber adjusted their platform to adhere to the ABC test in jurisdictions where the justice system upheld the law, I doubt that they'll leave.

If they were to leave, though, that would be a good thing. There are dozens of companies that do follow the law and do pay their taxes that are champing at the bit to eat Uber's lunch.

[seanmcdirmid]

You mean the taxi companies that Uber and Lyft effectively replaced that were even more sleazy? I’m still wondering how the taxi industry managed to get an exemption from these new standards and why that was deemed fair.

[heavyset_go]

No, there are dozens of start ups that want to compete in Uber's market, but can't compete against an entity that doesn't follow the law and is never held accountable for it.

[syshum]

I dont think there are... Uber and Lyft filled a market need for lower cost ride services.

The key was they were LOWER COST than a taxi, if everyone had to be full employee's with all of the costs that entils it is likely the fare will be at or higher than taxis,

And given there would be less competition between drivers, the service would also drop

It would just be a taxi service which was universally hated as too expensive with poor service.

[winkeltripel]

Did they actually cost less after accounting for a normal profit margin? My understanding was that Uber lost money on each ride, right?

[gruez]

>My understanding was that Uber lost money on each ride, right?

AFAIK in mature markets they made a profit