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Re:Uber Hit with Cap as New York City Takes Lead in Crackdown by rdlecler1 on Wednesday August 08, 2018 @11:51PM (#17721531)
There are something like 8k restaurants in New York. Imagine if a restaurant lobby was able to limit new restaurants. This is basically what the taxi industry is doing.
Re:Uber Hit with Cap as New York City Takes Lead in Crackdown by seanmcdirmid on Wednesday August 08, 2018 @11:58PM (#17721562)
It would be more like they were limiting the new buildings that could be zoned for restaurants. Since land is a finite resource, the number of restaurants that NYC can even contain is limited.

Here the limited resource is traffic bandwidth. Without congestion tolling, arbitrary regulations are the next best thing to helping to regulate usage.