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Time to Consider Deregulating the Entire FHV Industry

By: Steven
Posted on: January 23, 2017

Deregulation in the for-hire vehicle industry is something that should be seriously considered these days. It is obvious that the New York State government, in its various versions of the TNC (Transportation Network Company) bills it has recently created, proves that while there is virtually no difference in the service provided by a TNC like

FTC finds Uber mislead their own drivers and must pay them $20 Million Dollars

By: Steven
Posted on: January 20, 2017

Uber just settled a claim filed by the FTC (Federal Trade Commission) forcing them to pay $20 million and alter various business practices including misleading their own drivers on how much they would make driving for Uber. Uber apparently had inflated its hourly drivers’ earnings in its ads in order to attract drivers to its company. But once

Stay loyal to Carmel as Uber and its Destructive Revolution is Bad for the Consumer

By: Steven
Posted on: January 17, 2017

There is a very good reason to stay loyal to Carmel. Please let me explain why. Creative destruction is a process through which something new brings about the demise of whatever existed before it.  The process of creative destruction stems from competition and innovation, which drive changes in the market. The success of Netflix is an