p/e=8 only, page-26

I think before taking this article on face value, you need to consider whether the main source of the article( ie: transport for nsw) has a vested Interest in this issue and whether its possible their point of view is biased to one particular side.

Michael Pascoe wrote a really good article the other day arguing the other side - http://m.smh.com.au/business/no-tears-shed-for-backward-taxi-industry-20140424-37696.html

Sure, there are some powerful bodies who don't want the industry changed. But, über is rapidly becoming a corporate bohemeth itself and the financial backing of google will ensure they're no pushover.

You can be sure they've done their due diligence and had a team of top tier legal people looking over this issue before they committed. I'm sure smarter minds have been considering this issue than a spokesperson from transport for nsw. No offense intended transport for nsw.