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Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by chx on Wednesday July 05, 2017 @06:42PM (#14706726)
This insidious definition of Uber as a taxi company must be highlighted. Their entire business model is based on them insisting they are not a taxi company and as such the taxi laws do not apply to them. Everyone knows this is horseshit and when there's no focus on it , just calls Uber a taxi company and ignores cheerily the devastating effect Uber has on the rule of law. What would remain of society if every company could pick which regulations they want to keep and which ones they don't?
Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by justabystander on Wednesday July 05, 2017 @07:03PM (#14706854)
Well, Paypal's been getting away with pretending to not be a bank for over a decade now...
Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by rlanday on Wednesday July 05, 2017 @07:06PM (#14706876)
They're not a taxi company. They do not take street hails and as such, their regulation needs are different. For example, there's no need (or at least less need) for the government to regulate fares since people trust the Uber app to give them a fair price (whereas if you're a tourist and you were to just hop into a random unregulated car you hailed, it would be difficult to tell if you were getting a fair price).
Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by icedchai on Wednesday July 05, 2017 @09:13PM (#14707466)
They are functionally equivalent to a taxi company and should be treated as such.
Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by ams6110 on Wednesday July 05, 2017 @09:30PM (#14707541)
Honestly, ordering an Uber on a mobile app is the current-day equivalent of a street hail of a Yellow Cab (or other legitimately licensed, metered, and branded taxicab)
Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by gertef on Wednesday July 05, 2017 @07:24PM (#14706989)
It's not solely about price. It's also about safety of the car and driver.
Re:Tesla drops 7% after Goldman Sachs says the stock is wort... by psyc on Wednesday July 05, 2017 @07:32PM (#14707040)
People and companies have always broken laws. Why is it especially a crisis when "disruptive" tech companies dare the law to stop them?