“No one is more determined or more resourceful than a Frenchman who sees his revenue threatened by innovation. The taxi drivers of Paris aim to stop Uber any way they can. What’s the best way to protect yourself from competition? Regulation! They want the new company so tightly bound it loses its competitive advantage. One proposal, for example, would require Uber drivers to wait 15 minutes before responding to a call. Yesterday, Uber got the best advertising money can’t buy. Taxi drivers not only blocked traffic on the most popular road in the Paris area, the beltway around town – the ‘periph,’ they also took up positions on bridges and overpasses.”
http://www.bonnerandpartners.com/uber-alles/
Related posts:
Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Government in Japan
Saudi Arabia Pushes US Toward Military Strike in Syria
Doug Casey on G20 Economic Suicide
Ryan and Biden: Birds of a Feather
NYT Sees ‘Dystopia’ in Chinese Surveillance—Which Looks a Lot Like US Surveillance
NSA Cheerleaders Discover Value of Privacy Only When Their Own Is Violated
Bill Bonner: Gun-Toting Health Enforcers
Crony Capitalists: The Biggest Winners From President Obama's Re-Election
The NSA is giving your phone records to the DEA. And the DEA is covering it up.
Thou Shalt Not Torture -- Without the State's Permission
Marxism didn’t die. It’s alive and well and living among us
The Dictatorial Power to Punish a Dictator
Why Is No One Listening to the US Government?
Jacob Hornberger: Who's Really Getting Punished?
The Real Reason College Costs So Much
