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Virginia DMV Cracks Down On Uber, Lyft
An anonymous reader writes 'Talk about regulatory capture! As radio station WTOP reports, "The Virginia Department of Motor Vehicles says that ride services Lyft and Uber are violating state law and must stop operating immediately. The DMV sent cease and desist orders to both companies Thursday." Who benefits most? It's not the people who are voting with their dollars and feet — seems more like the current stable of taxi drivers and others blessed by the state of Virginia. Good thing there's no call for or benefit from greater per-car occupancy, or experimentation more generally with disruptive disintermediation. Given enough bribe money down the road, I'm sure a deal can be struck, though.'
This is a good example of how we have a "Free Market" in America... the big business is free to screw you over.
Uber is a "carpool" service now? i thought it was a service similar taxi's, but unlicensed.
Taxis take your credit card after the ride is over. A serial killer has plenty of time to do bad stuff to you before your card is used. Uber knows who you are from the moment you hail the cab.