I am not so much worried about price in the case, but about barriers of entry - incumbents love regulation because it converts them into monopoly/oligopoly sinc

I am not so much worried about price in the case, but about barriers of entry - incumbents love regulation because it converts them into monopoly/oligopoly since they are able to extract economies of scale when complying (and of course lobby about favorable to them regulations). Regulation of Uber class services means we will be stuck with Uber forever. Whether this is good or bad thing is left to the reader to decide.