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Some regulation can be good. Airbnb, Lyft and to a lesser degree Uber (definitely UberX) are all competing with established industries that are heavily regulate
by mbreese 13y ago
Some regulation can be good. Airbnb, Lyft and to a lesser degree Uber (definitely UberX) are all competing with established industries that are heavily regulated for a reason.
Hotels and taxis are regulated to protect consumers (think safety).
Requiring car manufacturers to sell via franchised dealers protects franchised dealers.
That's a big difference.
- hearty778 13y agoHas there been a wave of consumer harm caused by Uber? What makes taxis safer than Uber?
- mbreese 13y agoNot that I know of. Uber, I think, has done a good job of running a good, self-regulated, business in leu of government regulation. I'm less worried about Uber specifically than the non-medallion transportation sector in general. Taxis are regulated because you could have issues when someone gets into a random person's car. You can imagine how that would be dangerous for consumers (both physically and financially). I personally like Uber a lot and had a good experience when I was able to use them. But, you could see how a lesser competitor could cut corners in background checking their drivers. I'd rather have somethings explicitly regulated than trust that all companies are interested in spending money on things like background checks. AirBnB has the same flaws, but even more pronounced.