At
Busines Insider, Foundry's Brad Feld defends
UberDenver against new regulations from the Colorado PUC that would effectively end the high-tech taxicab alternative.
Excerpt:
The
Uber story has already played out in a number of other states. The regulators quickly back down from the powerful lobby/industry groups that are influencing the new regulations. In some cases, it’s a simple misuse of power. In others, it’s a lack of understanding of what is going on. And in others, it has been a backward looking regulator, or government, that momentarily forgets that it serves its citizens, not a small constituent of incumbents.
The
PUC rule changes are extensive, but there are several cleverly woven in that effectively shut down Uber if implemented. Read the following examples and be appalled.
Read the rest
here.
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