Efficient markets are important. Charging $270,000 for a taxi license makes for market inefficiencies resulting in fewer taxis and higher fares which are both

Efficient markets are important. Charging $270,000 for a taxi license makes for market inefficiencies resulting in fewer taxis and higher fares which are both bad for customers. Uber simply and justifiably gets around those market inefficiencies increasing taxi availability and lowering prices which is good for customers.