Earlier quoted context omitted.
IMHO, this is a misconception. Most of the benefit of Lyft/Uber comes from app convenience, being cashless, mutual rating to weed out the jerks, carpooling efficiency, transparency (easy to get estimates and know if you overpaid), good customer support, and reliability in getting a ride, all of which are legal and which cab companies could have done. They have a lot of room to raise prices before it outweighs those a…
100% agree. That is why it has been successful. The magnitude would certainly be less if the cost was more because demand is elastic, but head to head with cabs they would dominate at the same price. It is an efficient way to manage resources and just a great thing. "Breaking Laws" is maybe a bit strong, as regulation is extremely bulky and a monolithic unequippted government isn't in the position to adapt. The laws…
* Have commercial insurance
* Have a "people-driving drivers license", which allows you to drive commercially taxis, busses, trams, etc. Costs 55€.
Uber is even refusing to follow the insurance part – they only insure during rides, but not when the person commercially drives with their car to the start of a ride.