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The prices of cartel approved taxi plates crashed from ~200-150k to ~20k overnight once the market saw that the gov was letting Uber continue operating. Uber didnt compete on the same field, they created a new game, that was completely illegal in Australia, on another field. If a regular joe did that he would gaol.

This payment compentsates those taxi licence holders who held the dip.

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Irrelevant. Uber flattened the market, removed cabcharge dominance. And removed the barrier to entry for other players.

Just because the barrier to entry was a tradable government stamp is irrelevant. There shouldnt have been a barrier in the first place.

Uber, in a weird, stupid, modernity sucks way, brought justice to an industry that had been unjust for a very long time. Love them or hate them, cabcharge is worse.

>If a regular joe did that he would gaol.

Also bad. The government and taxi lobby should not have set up a situation where giving a ride for money could lead to incarceration. This doesnt support your point, it just further illustrates that the situation was unjust until uber acted.

You saying "irrelevant" doesn't make it so. The law of the land is, in fact, very relevant in a lawsuit.

Its a thought terminating cliche. A law being a law doesnt end an argument. If the law shouldn't be, we are permitted to continue thinking towards its removal.

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