Uber Protests Poised to Block Roads From London to Madrid

[Kadabra]

Uber Technologies Inc. (0084207D:US), the car-sharing service that’s rankling cabbies across the U.S., is facing its biggest protest yet from European drivers who say the smartphone application threatens their livelihoods.

More than 30,000 taxi and limo drivers from London to Milan plan to cause traffic snarls in tourist centers and shopping districts. They are asking regulators to apply tougher rules on San Francisco-based Uber, whose software allows customers to order a ride from drivers who don’t need licenses that can cost 200,000 euros ($270,000) apiece.
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More here: Uber Protests Poised to Block Roads From London to Madrid - Businessweek

The way I see it is: You either adapt, or you go extinct. Government protectionism won't help any. Speaking of that, why/how the hell does a taxi license cost $270,000?

 

[Solayoh]

This story is as old as time, new kid on the block using modern methods to help people and provide better services, and the old guard feeling threatened deciding to kick up a fuss.

Wouldn't be surprised if a few candle makers went on strike after Eddision invented the light bulb.

 

[Kadabra]

Indeed.

Taxi-booking app Uber has boasted of an “850%” increase in sign-ups because of today’s London black-cab protests.

Uber Sees '850%' Increase In Sign-ups Amidst London Protests - Forbes

Well, that backfired nicely.