The establishment vs Uber

[kandrathe]

Beyond the world cup, this week I'm watching the battle against Uber being fought in many cities across the US and Europe.

So, What Really Happened with the Government vs. Uber?

A company creating something altogether new in an industry still in its infancy may not have established players or protectionist laws in its way. On the other hand, a startup offering an innovative product that disrupts a well-established, politically privileged industry may find itself besieged by lawsuits and bureaucrats.

Uber is offered in my metropolis, and it's very affordable. There are three levels of vehicle, small(eco sedan), medium(luxury sedan), large (SUV). A trip across town for the small vehicle was quoted at about $60. They have fixed prices between the airport and downtown Minneapolis, and downtown Saint Paul.

So, it will be a test to see if innovation, "creative destruction" and competition are allowed. Or, if the establishment bureaucracy and protectionist forces of local government regulation prevail. I suspect the latter, actually.