Theory and experience says that it's somewhere between hard and impossible to fix it.
Regulatory agencies normally become controlled by the industries they are set to regulate. That's a fact that you need to be aware of when proposing regulatory solutions.
I'm not saying Uber is particularly good (or evil). Right now their lobbying disrupts some really bad systems. But I don't doubt they'll move on to getting their own regulatory commission once they're big enough. That's how our system works.
I'm arguing that many small companies who have to organize and form a lobby will be far less efficient at regulatory capture than a well oiled monolith like Uber.
Regulatory agencies normally become controlled by the industries they are set to regulate. That's a fact that you need to be aware of when proposing regulatory solutions.
I'm not saying Uber is particularly good (or evil). Right now their lobbying disrupts some really bad systems. But I don't doubt they'll move on to getting their own regulatory commission once they're big enough. That's how our system works.