Taxi medallions aren't a thing in lots of cities that have taxis. All Uber did was outpace regulations in many cities.
Yeah, offering an alternative free of terrible rentseeking regulation
At the expense of drivers who get paid peanuts.
I wonder how the economics comapre to the prior state, with people buying $800,000 permits from the state, or multiple drivers taking 12 hour shifts driving the same car rented from the permit holder.
Not all places with taxis required a near-million permit either.
Yeah, offering an alternative free of terrible rentseeking regulation
At the expense of drivers who get paid peanuts.
I wonder how the economics comapre to the prior state, with people buying $800,000 permits from the state, or multiple drivers taking 12 hour shifts driving the same car rented from the permit holder.
Not all places with taxis required a near-million permit either.