Big win for Uber over New York City Duce Bill DeBlasio:
Regulators and taxi lords everywhere have sought to regulate the car-hailing company Uber out of existence, and on Wednesday they failed again: New York City Mayor Bill de Blasio’s plan to help yellow cabs stymie competitors imploded amid public outcry. Score one for consumer choice.
The New York City Council this week dug around for votes in favor of legislation that would cap the number of new for-hire vehicle licenses. Uber, for instance, would only be able to add 201 cars over the next year, a pittance compared with the area’s about 20,000 drivers offering some 100,000 rides a day. The ostensible purpose was to allow the city Transportation Department time to study how such services affect traffic congestion.
I’m done riding Uber until they rescind their dangerous and self-defeating “No guns” policy, but corporate policies come and go — crony capitalist regulatory schemes are forever.