Khan’s Attack on Choice: I’ll Cap Uber If I’m Mayor

Londoners’ freedom to choose cheaper Uber rides is under threat – Sadiq says he will cap the number of Uber cars allowed on the capital’s streets:

“I’m afraid the mistake was made a couple of years ago when TfL allowed Uber taxis to come on stream… And let me tell you what I will do. I will make sure we have proper regulation around private hire vehicles. I want a cap on the number of private hire vehicles.”

Zac is hardly pro-innovation when it comes to taxis either though this from Khan is a particularly direct attack on consumer choice. Heavy handed, Corbyn-style market intervention to reduce the availability of Ubers means less supply, a higher likelihood of surge pricing and higher fares for Londoners…




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Quote of the Day

Dr Alexander Kogan, the app developer who originally harvested the Facebook data, said…

“I think what Cambridge Analytica has tried to sell is magic and made claims this is incredibly accurate and it tells you everything there is to tell about you. But I think the reality is it’s not that. If you sit down and you really work through the statistics and you think what does a correlation of point three means, those claims quickly fall apart. And that’s something any person with a statistical background can go and do.”

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