Uber is in the industry where there is no stickiness and the profit margins are incredibly low. The only way they can win is having the opposition (taxis) hampe

Uber is in the industry where there is no stickiness and the profit margins are incredibly low. The only way they can win is having the opposition (taxis) hampered by regulations that don't apply to them. If either taxis become unregulated (see Bangkok), or Uber becomes regulated (see Austin), Uber loses all competitive advantage it has.