The Problems Within The Ride-Hailing Industry

As Uber comes to terms with Transport for London’s decision to block it from operating in the capital, there are a lot of questions to be answered

Some believe that Uber may have backed itself into a corner with a model that relies on pumping more and more cars into the overcrowded London market, and sustains itself with 20-second windows to respond to passenger ride requests.

Any argument from Uber that there are too many companies doing business in London is “the pot calling the kettle black”, says Steve McNamara, general secretary of the Licensed Taxi Drivers Association.”Who is running the business, TfL or Uber? What is the next thing that they [Uber] aren’t going to sort out? The stable door is open, the horse has bolted.”

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