number of causal inference studies have shown that uber/lyft lead to broad based wage gains for the poorest segment of the working population. the cartel approach is only better for the select few who get to be drivers
Ok, based wage gains for the poorest segment. What about those who lose? Because Uber makes a ton of money while it's still cheaper to take an Uber than a taxi. Someone, somewhere has to lose, right?
Now imagine they did not abuse the drivers... it would possibly be even better for the poorest segment!