Why are regulators so out of touch? At a Chicago City Council committee hearing on ride-sharing services last week, taxi-industry lobbyist Matthew Daus, president of the International Association of Transportation Regulators, reportedly said that “millennials” were responsible for the rise of companies such as Lyft and Uber because they care more about “cost” than about the public...

Why are regulators so out of touch? At a Chicago City Council committee hearing on ride-sharing services last week, taxi-industry lobbyist Matthew Daus, president of the International Association of Transportation Regulators, reportedly said that “millennials” were responsible for the rise of companies such as Lyft and Uber because they care more about “cost” than about...

Chicago Mayor Rahm Emanuel has proposed an ordinance that would force the popular ride-sharing services Uber and Lyft to drastically change the way they do business, if not shut down operations in the city entirely. The proposal contains numerous unnecessary provisions that would harm Uber and Lyft drivers as well as consumers and serve no...