But again; even if uber is terrible and dangerous, why should we be treated like infants and not allowed to make up our own minds? Also continuing with the uber is a death trap; then other companies could come along in a free market and offer safer drives. People would probably choose them instead. Free market. Just like all the other vendors in London who don't have quotas. Restaurants, lawyers, dentists, clothing stores. All of those businesses would probably love a quota eliminating new competition. But it wouldn't serve the public at all. But if this monopoly had never been set up and competition had always been allowed we would not be having this discussion and Uber would be having trouble making any headway in London, it would simply be one more competitor in a competitive market.
As someone who works in a place with minimal cab regulation and thus maximum competition I welcome Uber's entry. I've gotten cabs with drivers who don't even know the local area, cabs with dash warning lights beyond just check engine, and fares weren't cheap. All it takes is a car and a sign asking taxi to be a cab; plus a sticker indicating you've paid the airport tax (gov't wants their cut) so Uber is a step up.