Uber suspends cab service in Spanish city of Barcelona

Uber exits Barcelona. This stinks of political corruption. It does not solve the actual problems with ridesharing services and instead attempts to make ridesharing less convenient for the passenger, which is completely backwards.

The actual problem with ridesharing services is that they exploit drivers and are not subject to safety regulations. The “problem” these regulations attempt to solve is that ridesharing services are more convenient for passengers than conventional taxis or car services.

Barcelona’s regulations do not make ridesharing better for drivers. They do protect taxi drivers’ monopolies. Feh.

www.cnbc.com

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