Regulatory risk is an investment risk which companies face all the time. I might spend billions on developing a nuclear power plant and then have the government

Regulatory risk is an investment risk which companies face all the time. I might spend billions on developing a nuclear power plant and then have the government outlaw nuclear power. That doesn't mean I'm entitled to a share of the profits from solar power plants, it just means I made an investment in a business which went badly. Taxis were part of a cartel. Any time you buy into a cartel, you should absolutely consider the risks of the cartel being broken up. That MA is passing this is a huge mark against them and really lowers my opinion of the state. They're basically being bribed to stop innovation.