[SqMafia]

You know what the irony of the situation is? Cabbies have argued against companies like Uber and advocated the more regulated method of doing business because they say that cabs can be ordered into service in times of emergency. Not sure if NYC has that power or not.

[jpatokal]

No, those arguments are trotted out by the companies that hold the precious taxi medallions (~$1m a pop) and lease them to cabbies at extortionate rates. The cabbies themselves are, for most part, happier working for Uber than their current masters.

See also: http://www.slate.com/articles/business/moneybox/2012/06/taxi...