It is obviously a good thing, but it is also unfair to a) pass a law that says you must buy a 100k license to be a cab driver and b) allow a company to operate

It is obviously a good thing, but it is also unfair to a) pass a law that says you must buy a 100k license to be a cab driver and b) allow a company to operate which makes your 100k investment worthless. True, this law is unnecessary, but it's not hard to see why taxi drivers who paid for their licenses fair and square are upset At least in Chicago, Uber and cabs seem to coexist pretty well. The main difference is, cab drivers seem to have a bit more clue as to the layout of the city and more efficient at knowing directions etc