January 29, 2015

Uber defies Maryland regulators

SMITH BRAIN TRUST -- Annapolis, Md., is the latest municipality to join the fight against Uber. But abiding by government regulations isn't part of the company's long-term strategy, says Smith Professor Brent Goldfarb. He says Uber is betting its popularity will lead to changes in the regulation of the taxicab industry. "I don't expect Uber drivers to change their behavior because Annapolis makes them illegal," Goldfarb says. "Uber's strategy is to let it play out, and they think they'll win because of demand. They won't change their behavior at all." Read the full article in the Capital Gazette...

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