[simonh]

How about Uber set aside $20 per ride in a fund and issue customers with claim card, a bit like a store rewards card. If the law ever gets changed so that Uber can refund the money then they commit themselves to do so, perhaps up to a limit of 5 or 10 years.

Soon the city will be full of people owed hundreds or thousands of dollars in refunds, a pretty solid reason to push for changes to the law, and demonstrate to the public just how much they're getting ripped off.

[anigbrowl]

That's a clever concept.

[simonh]

Perhaps, but I'm not sure how practical it is. The high charges will reduce the number of people choosing Uber over their competitors, so they'd be giving up a competitive advantage and the higher margins that might offset it. On the other hand, if the legislation never gets changed they get to keep the money, hence the cut-off period.

I've not idea what the financial reporting implications of this might be.

[aneth4]

Great idea. Puts the incentives in the right places.