Sources: SF Examiner, Lyft and Sidecar, Fox News, California Public Utilities Commission (CPUC) [PDF]
quote: **Side note: It's not fair to say that cabs in India and China are the way they are because they are "unregulated". For one thing, they certainly are regulated - Enforcement varies and there are many moonlighters and exceptions and corruption etc. that degrade that system. More importantly, however, is that those countries are developing - they face a superset of problems that faced America more than a hundred years ago. Regulation was part of the road from then to now for us, but I really doubt that if all cab regulations in the US were abolished tomorrow somehow service would degrade appreciably and people would be less safe even 20 years later - Consumers expect a certain level of service and business owners would ignore that at their peril.