December 09, 2014
Catherine Rampell’s column on Uber is well worth reading. The basic point is very simple and should be obvious. There are good reasons for regulating cabs. They should have proper insurance, meet safety standards (both car and driver), and should also be limited in number. (Cabs create congestion and pollute.)
Whatever regulations are established should apply across the board. Uber doesn’t get an exemption because it is run by incredibly rich twenty somethings.
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