[foobarqux]

I didn't say the reasons were created 5 years ago, only that if there were reasons 5 years ago they probably haven't changed. Of course you could make the argument that there weren't valid reasons 5 years ago but that doesn't seem compelling, I don't think a city would have de-regulated the taxi industry and let anyone pick people up for money 5 years ago.

[raquo]

There's a whole gamut of options between current regulations and no regulations. But the corrupt regulators don't want to change anything because they like how the current regulations bring in $800K per year per medallion to license holders who are also their friends, partners and/or campaign donors (actual Vancouver numbers).

What kind of safety or convenience or other concerns require profits in excess of $800K per taxi cab per year? What's wrong with market pricing? Why should short rides subsidize long rides? Why can't one company offer no-frills service (at no-frills prices), and the other one premium service? Why can't taxis have optional ride pooling?

Uber, Lyft & co have already proved that they can work great alongside existing cabs. There is no reason why they wouldn't work if the regulations are updated from 1930 to 2015 and from protecting incumbents' profits to protecting users' interests. But the cities are unwilling to do that because they like their profitable taxi cartels.