Regulation has its purpose - all public utilities are regulated. Taxi is a public utility, and as such the society prefers protect the profits of the cabbies in exchange for regulated safety standards, maximal prices, e.g. for the airport rides, and special protection for the customers. Otherwise, the competition (a taxi driver business has a very low entry barrier, you just need a car) will drive down the prices and the quality of the service.
A fit analogy - replace "Uber" in your retoric with "low cost airline", and see how happy would you be to fly an airline unregulated by FAA.
The same crowd here, that roots for Uber, screams for net neutrality and want to have the ISPs regulated as common carriers. The cognitive dissonance astounds me.
A fit analogy - replace "Uber" in your retoric with "low cost airline", and see how happy would you be to fly an airline unregulated by FAA.
The same crowd here, that roots for Uber, screams for net neutrality and want to have the ISPs regulated as common carriers. The cognitive dissonance astounds me.