Why Ruin Ride Sharing Business Model?

Ensuring that a new law produces more benefits than costs seems a rare consideration for lawmakers. 

To be fair, it quite often is difficult, if not impossible, to do so. We never quite know whether some other approach would solve the problem at less cost, or be more effective. 

So Uber argues about a proposed new law in Colorado aimed at passenger safety, but considered onerous enough that Uber has said it would cease operations rather than comply. 

Some might instinctively dismiss such assertions. Sure, all participants in a value chain can be expected to defend their perceived interests. 

But good intentions are not enough. Proposed policies must actually deliver intended benefits at reasonable cost, with a minimum of unintended consequences.

Destroying the business model for ride sharing seems unwise.