The nerve of some people! Imagine coming to a city and doing business without first asking permission from local officials!
That’s what Uber has done in cities all over the United States and Europe, and it’s created quite a storm among politicians and licensed taxi drivers, who have held up traffic in, among other places, Boston, London, and Paris just to stamp their feet at the high-tech competition.
What is Uber? It’s an innovator, and you know what means. It disturbs the regulatory landscape where protected firms have long settled in safely and comfortably. Suddenly, the advantage of being an “in” flies out the window. No wonder the regulation-spawned monopolies are upset.Read it here.