Megan McArdle dissects the Washington, D.C. Taxi commission’s effort to ban Uber from the city:
Now they’re trying to do it again, as the taxi commission proposes yet another set of rules. Among other things, the rules would prevent any sedan company with fewer than 20 vehicles from operating in the district, force companies to have an office in the district (Uber does, some like competitors don’t), and require, yes, printed receipts.
Wonderful. But it’s for the customer!
Fantastic example of how incumbent businesses can use government regulation to lock out competition.