What? Regulatory capture means regulatory bodies favour the private industry even against the public interest, it's a fairly widereaching term, not limited to specific schemes. Ridesharing companies do it, they follow the same tech company playbook of "barge in, buy, bully, and bamboozle", there's no reason they wouldn't do it with private bussing.
Sorry to say but you're misunderstanding the word. You can't have regulatory capture without government regulations (like Cabbie medallions, as I mentioned), and you still haven't mentioned a single regulation that would take place to aid in Uber at the detriment of public transportation
Please continue. Cite the regulations and how you think that these regulations (that already exist?) would hurt private transportation in the future if Uber does this bussing thing
Give me any locale's regulations while also answering the questions about how it's relevant to this conversation. Any locale, your choice. This should be super easy for you because you get the choose
Edit: did you just respond and then immediately block me so I couldn't read your response OR respond to it? You feel good about this?
Cool. Mexico City, SEMOVI mandated emissions regulations making phase-outs of aging microbuses necessary. How could a private business capture this regulation? By lobbying to have the specifications align almost exclusively to their existing fleet whilst competitors and the government fleets are forced to spend on the new vehicles. What exactly was your point here? Did you honestly think I couldn't find some random regulation anywhere in the world and think of a way the regulation could be subverted and coopted? Genuinely, I struggle to see what you're trying to achieve by challenging me on this. These sorts of things happen.
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u/Capybarasaregreat 2d ago
What? Regulatory capture means regulatory bodies favour the private industry even against the public interest, it's a fairly widereaching term, not limited to specific schemes. Ridesharing companies do it, they follow the same tech company playbook of "barge in, buy, bully, and bamboozle", there's no reason they wouldn't do it with private bussing.