NYC Has TLC for Uber

This makes New York a worse off place. People are more likely to get stranded in outerboroughs and taxi drivers will have a harder time making minimum wage. This looks like a regularity regime resisting change, but without the regulations to back it.

– Uber CEO Travis Kalanick, reacting to a statement by the Taxi and Limousine Commission in New York City that it “has NOT authorized any electronic hailing or payment applications (‘apps’) for use in New York City taxicabs,” making it illegal for Uber to operate there