Re:With help from Teamsters, LA Uber drivers try to organize
by jjoonathan on Tuesday June 24, 2014 @11:35PM
(#7942099)
Which is fine if you think the regulations are outdated.
The fact that drivers have tracked feedback, pre-negotiated prices, and a dispatch system that isn't overwhelmed by surges effectively negates the market failures that the regulations were originally designed to fix. I suspect that the regulations were a net value-add for most of their existence, but now that the smartphone age has enabled a market solution it's time to reevaluate the necessity of the regulations.
The fact that drivers have tracked feedback, pre-negotiated prices, and a dispatch system that isn't overwhelmed by surges effectively negates the market failures that the regulations were originally designed to fix. I suspect that the regulations were a net value-add for most of their existence, but now that the smartphone age has enabled a market solution it's time to reevaluate the necessity of the regulations.