Quote:
Originally Posted by heep223
You're looking at this the wrong way. It's the regulations that are ####ing all this up in the first place. The taxi industry should loosen the regulations they've demanded because it's hurting them now that there's competition.
The "regulations that protect the consumer" is an intervention on the market which results in a horrible lack of service, complacency and oligopolies. Just like anything else it started with good intentions but turned into something that actually hurts consumers.
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The existence of regulations is not what is hurting the taxi industry in this case, but the lack of enforcement of said regulations for Uber. And in this case, the lack of enforcement is also harming consumers.
I agree entirely that there are several aspects of the taxi laws and regulations that need changing. But I find it fascinating that so many people seem to support price gouging when their "ally" does it. Even though we all know they would be up in arms if their "enemy" did the exact same thing.