> Was the taxi industry well functioning? Uber and Lyft do not seem to be in favor of a well-functioning industry either. The main strategy of Uber seems to be

> Was the taxi industry well functioning? Uber and Lyft do not seem to be in favor of a well-functioning industry either. The main strategy of Uber seems to be spending money to get a monopoly in the market and then increase prices and become profitable. How is that a well-functioning industry? We forget that SV business are business that want to earn money. Regulatory captured industries and markets are not the problem, the problem is that those business aren't in them.