Your critique fails because taxi companies and Uber have wildly different cost and operational structures. Clearly Uber is turning a healthy profit.
I agree that stable prices are important for public transportation and that people like them, but stable prices require regulation or an extremely healthy market. In this case we're seeing a change of regulatory powers.
I agree that stable prices are important for public transportation and that people like them, but stable prices require regulation or an extremely healthy market. In this case we're seeing a change of regulatory powers.