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I've never quite understood why cabs are so regulated. I think services like Uber are awesome, since they can bring some entrepreneurship back to the cab business. If I get a license to do so, why the hell shouldn't I be allowed to charge whatever I want for a ride around town? It shouldn't sound weird to say: "...raising prices when demand is high is a way to get more drivers on the road to meet that demand." That's just the way the world should work.