If the problem they are trying to solve is "too many vehicles" then we need a congestion tax. They should certainly not be limiting vehicles that are more likely to take multiple people with a Pool option.
If the problem they are trying to solve is "drivers aren't making enough" then they should impose a minimum wage on drivers or force an actual employee relationship.
If the problem they are trying to solve is a bail out of the failed and corrupt taxi medallion system, then maybe this will succeed. The real issue here is the cab drivers who are hurting because they provide an inferior service to a clientele who now have better options. I avoid cabs for all but the shortest trips because of the large percentage of bad driving experiences. Some solutions to improve yellow cabs like having a simple feedback mechanism for drivers could go a long way to leveling the playing field between Uber and Taxi.
If the problem they are trying to solve is "drivers aren't making enough" then they should impose a minimum wage on drivers or force an actual employee relationship.
If the problem they are trying to solve is a bail out of the failed and corrupt taxi medallion system, then maybe this will succeed. The real issue here is the cab drivers who are hurting because they provide an inferior service to a clientele who now have better options. I avoid cabs for all but the shortest trips because of the large percentage of bad driving experiences. Some solutions to improve yellow cabs like having a simple feedback mechanism for drivers could go a long way to leveling the playing field between Uber and Taxi.