>were promised a protected business environment Protecting a business environment always comes at a cost to the consumers, whether it is through tariffs, regul

>were promised a protected business environment Protecting a business environment always comes at a cost to the consumers, whether it is through tariffs, regulations, licences, restrictions or whatever. I don't feel sorry for the existing businesses, because they constructed a legal framework to protect themselves instead of trying to keep up with the competition. At any point the natural will of people to come up with something better will route around the regulatory framework they hid themselves behind. Incumbents have been playing by the rules all right - rules that they have successfully lobbied for, that protect them at a cost to everyone else. The stranded capital has to remain stranded, and sucks to be them. Otherwise you open a can of worms, and extreme economic stagnation will follow, because doing business becomes a case of who can construct the best regulatory fences, not who can deliver the best products and services. It's not called risk capital for nothing. You risk losing it. TLDR; cry me a river, taxi companies, and next time innovate instead of regulate.