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London's Anti-Uber Decision Will Impact Jobs, Travel Accessibility/Affordability

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On news today that the city of London is not renewing Uber’s license to operate in the city, Competitive Enterprise Institute Senior Fellow Iain Murray warned of the negative consumer impact and questioned the motives for the decision:

“Anyone who lived in London pre-Uber will know the Black Cab driver’s expression, ‘I ain’t going south of the river at this time of night.’ Uber solved this and many other problems of bad customer service for millions of Londoners. Transport for London’s second revocation of Uber’s license looks less like concern for Londoners’ safety and more like a political pay-off to those cabbies. The price is 40,000 people out of work and a significant decrease in safety for all those who can’t afford or can’t find a black cab late at night. American cities should not follow London’s lead.”

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