Do you have a source for this? Uber insures its UberX drivers in both Canada and the U.S. so I don't see why they would be opposed in Germany. There must be something else.
Uber does heavy demand-based price adjusting, and well, fuck that. Better have the assurance of always paying 20€ for my trip home, than the variability of an Uber with 10-50€.
You know when booking the trip what the cost is, it's not a mystery.
> the fare is regulated - no matter the demand, the area of the source or destination
Does Germany not have supply problems caused by this policy?
I know it's impossible to get a cab in Toronto on New Year's, whether you're coming home from a party or your wife is going into labour. I'd personally rather know for sure there is a ride available if I need it than be stranded by the side of the road because nobody is allowed to take my money.
Over regulation is what the US does with taxis. Which is why in Germany companies that do essentially the same as Uber (but legal[1]) already existed before Uber was even founded.
What I see the "issue" is that as soon as some size is reached, we don't really care about expanding further. Why take a risk when you already have a pretty nice market?
[1] In Germany, where UberPop is currently banned, you can start a taxi company if your drivers are insured with commercial insurance. To make profit, your drivers need to have a 55€ license as taxi driver. Simple as that. UberPop is only banned because they did not want to insure the drivers (the license is less of an issue).