Reply to post: Re: Innovation meet .... regulation or why Free enterprise is now a fairytale

German court slaps down Uber's ride-sharing app

Metrognome

Re: Innovation meet .... regulation or why Free enterprise is now a fairytale

I agree with the sentiment; disagree with the premise.

I fully subscribe to your frustration with regulators, regulatory capture and how modern manifestations of capitalism have little to do with its classical definition.

Most large enterprises seek to establish their turf not by virtue of their product/service but by subverting regulators to erect notional and real barriers to entry.

What we experience from Big Corp these days is protectionist's arms race.

But with Uber; I'm afraid you've mixed up the roles. If you think that Uber is this svelte witty underdog fighting the good fight with the behemoths of the taxi profession; think again.

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