What might not be super clear to most folks is that this is one of the last areas that medallion owners make bank. Typically, in many US cities local taxi opera

What might not be super clear to most folks is that this is one of the last areas that medallion owners make bank. Typically, in many US cities local taxi operators have deals with the govt to ferry the elderly around. So this in effect is uber putting the final nail into the taxi company coffin. I've spoken to taxi drivers which have resisted switching to the gig economy because they made enough from this government tie up to not have to move; I guess that all changes from here on out.