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A comment on Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue. Parent comment

Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by Eridrus on Monday December 19, 2016 @09:34PM (#13216943)
From what I can tell, cities have largely been able to kick Uber out, if they want to, but many residents are not interested in eating shit from taxi companies for another 10-15 years, so it's been hard to kick them out by appealing to their sympathy for the medalion holders.
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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by astrodust on Tuesday December 20, 2016 @02:13PM (#13222925)
It's not "sympathy" for medallion holders, but the fact that those holders have considerable political sway. Anything too dramatic, too abrupt will be staunchly opposed.

A more gradual phasing out helps to ease the pressure on this system and move to a more market-driven approach.

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