Companies like Uber and Lyft have irreparably disrupted the taxicab industry, but as the law catches up with these new TNCs, the companies will have to take into consideration the extensive legal fees required in order to either fight or reshape transportation regulations. This is most evident for Uber, the largest TNC, which is currently facing more litigation than any other startup in the world.
This paper will first examine the pricing strategies of TNCs and how their entrance into the market has affected the taxicab industry. This paper will then discuss Uber specifically to determine whether the larger litigation costs will impede Uber’s ability to continue growing over time.
Transportation Network Companies' Ability to Sustain Success amid Growing Regulation by Local Governments,
Bus. Entrepreneurship & Tax L. Rev.
Available at: https://scholarship.law.missouri.edu/betr/vol1/iss1/11