Uber is the ride-sharing app that’s both the darling of investors — having topped $17 billion in a pre-IPO valuation — and of harried ride-seeking residents of cities around the world, including Boston and Cambridge.
Last week, the city of Cambridge proposed a new set of regulations for Uber and other ride-sharing companies, requiring them to acquire dispatch licenses, charge a $50 minimum for some of their services, and have their smartphone technology be licensed by the city.
The popular app is now a worldwide phenomenon and a world wide headache for municipalities that are faced with the challenge of both overseeing a regulated industry and welcoming innovation that could improve city life.
Donna Blythe-Shaw, spokesperson for the Boston Taxi Drivers Association.
Nadeem Mazen, Cambridge city councilor. He tweets at @nadeemtron.
Bhaskar Chakravorti, senior associate dean and international business and finance and executive director at the Institute for Business in the Global Context at Tufts University’s Fletcher School. He tweets at @IBGC_Fletcher.
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