"The only problem is that people don't care about regulation that much"
The whole point of regulation is to make up for things the market doesn't handle very well. Sadly, the realities don't always live up to that ideal. I do care that my driver is insured properly (I'm paranoid like that), but in my experience generally taxi service has been terrible. Paying via credit card, summoning via gps, and live eta for taxi arrival all address the biggest frustrations I've had with taxi service. I just want to make sure they have the same level of vetting, training, safety equipment, and insurance that everyone has already decided for that kind of service.
The whole point of regulation is to make up for things the market doesn't handle very well. Sadly, the realities don't always live up to that ideal. I do care that my driver is insured properly (I'm paranoid like that), but in my experience generally taxi service has been terrible. Paying via credit card, summoning via gps, and live eta for taxi arrival all address the biggest frustrations I've had with taxi service. I just want to make sure they have the same level of vetting, training, safety equipment, and insurance that everyone has already decided for that kind of service.