After local lawmakers voted to allow peer-to-peer transportation network companies, such as Uber and Lyft, to operate in Miami-Dade County, Florida, taxicab company owners filed a lawsuit against the county government, demanding $1 billion in taxpayer money as compensation.
The lawsuit, filed in May, claims county commissioners are responsible for protecting the value of taxicab licenses purchased by taxi companies.
‘An Exciting Time’
Sal Nuzzo, vice president of policy at the James Madison Institute, says the rise of the peer-to-peer economy is good for consumers.
“This is really an exciting time to see the battle of 21st century innovation hitting up against 20th century regulation,” Nuzzo said. “The same thing happened in the late 1990s, with digital music downloads. Record stores and the music industry fought it like crazy. At the end of the day, do you see a CD store anywhere these days?”
Nuzzo says the nature of the peer-to-peer economy makes regulatory...
This is huge news - but it is hardly surprising.
Google - President Barack Obama’s biggest crony in a sea full of armadas full of legions of Obama cronies - has been cozying up to the woman Obama just endorsed to succeed him: Hillary Clinton.
And by “cozying up” - we mean warping their search results to hide Clinton’s decades of scandals and scandalous behavior.
Last year, Wired magazine warned us about the election-manipulating power of Google:
Voters in Austin, Texas rejected a ballot initiative proposing to roll back the city’s tough regulations on popular peer-to-peer economy transportation network companies (TNC) connecting drivers and riders, such as Uber.
In 2014, the Austin City Council enacted a temporary ordinance allowing individuals to use those services until more permanent regulations were crafted. In December 2015, the Austin City Council passed an ordinance governing TNC operations in the city, requiring drivers to be...
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