When new startups show up on the scene, the knee-jerk reaction of bureaucrats is to hobble the new players instead of liberating the whole industry.
The story of how Uber and Lyft were driven out of Austin is a textbook example of how government-backed cartels force out competition under the guise of creating a “level playing field” or ensuring “consumer safety.”
Uber is quickly expanding in New York’s low-income neighborhoods, meeting the needs of poor people far better than taxis have.
People don’t deserve to be millionaires because they can get government to let them pick people’s pockets.
You won’t believe what’s happening because French taxi drivers don’t want competition from ride-sharing company Uber. For starters, they’re clubbing drivers and burning cars. With official support.
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