Jan
13
2018
When Austin tried to impose its own regulations on Uber, they learned that they were too small a market to matter. California and New York may be able to influence a company’s behavior, but Austin cannot. As regulation is increasingly global, the most important markets set the rules.
China is the next big thing. That was true 15 years ago, and it will be true 15 years from now. But for companies making a big bet in the country, Beijing is able to exercise global sway.
