The "disruptors" like Uber and Lyft are pushing for degulation of the taxi industry.
"Regulations are simply rules. The impact of Uber and Lyft vying to avoid safety rules is verging on taxicab deregulation. Some may see this as the way forward. But the U.S. has a failed history of taxicab deregulation.
"While regulation may not be beneficial or necessary for other industries, history has proven time and again that the taxi industry is different. An unregulated taxi industry is harmful to everyone – consumers, driver and operating companies.
During the Great Depression, people jumped at the opportunity to drive unlicensed taxicabs at the absence of stable jobs. This caused an increase in accident rates, poor insurance coverage, and a painful level of road congestion. As a result, American cities quickly enacted laws to address safety, liability and driver rights issues.
Read more here: http://www.whosdrivingyou.org/history-repeating-itself
No comments yet. Be the first!