Quote:
Originally Posted by peter12
Yeah, so if it was purely just about a convenient ride, then people would want the regulation. Except Uber doesn't do regulation because it would price them out.
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I think people do want regulation. -- They want a ride first, but a safe ride that provides the driver with at least minimum wage is probably something that most would agree to. The problem is that the first need of a ride supersedes the other nice to haves and uber is able to exploit this.
Of course Uber doesn't want regulation and would fight against it. That's the business model. And so this is the problem with the city failing to regulate properly in the first place. Uber gets to be a white night instead of being seen as a predatory company that pushes risk onto its drivers and can't sustain quality automobiles. And in the absence of regulation follow more or less how capitalism should work. A race to the bottom while focusing on the consumers pressure points.
So Uber is behaving how it should. Consumers are behaving how they should, Taxi companies are behaving how they should. Its the regulatory bodies that are failing to act in the best interest of the consumers.