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That's not exactly true, cities can and do still have limits on the number of cars, case in point Seattle:

hhttp://blogs.seattletimes.com/today/2014/03/seattle-city-cou...

That's true, and is what I meant by my worry that cities will crack down to maintain the status quo.

Doing so is easily done as a consequence of Uber being centrally controlled, with full tracking on all its cars. A city can trivially know exactly to the minute how many cars are in operation via Uber at one time.

However, regulation of that sort isn't what Uber wants, they want a situation where supply is unbounded and people only compete/control demand.

That's what the consumer would want too

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