Regulatory robbery: Will the Seattle City Council protect taxis from Uber and other competitors?

The draft ordinance would require ride-sharing companies, among a bevy of other rules, to obtain a $50,000 annual license to operate as a transportation network company, and have no more than 100 vehicles driving a maximum of 16 hours per week ….

[Rideshare] companies come from out of state, come to this state, and have been operating for close to two year illegally, he says. The city has looked the other way, and has done nothing about it, and is now entertaining the idea of legalizing them. That is going to put for-hire companies out of business and the public at risk.
A U.S. Army veteran, he says this doesn’t represent what he fought for. Giving these companies a business opportunity is immoral, he says, to loud cheers from the audience.