The existing taxi companies are up in arms. They are seeing Uber as a threat to their current way of life, and there is a very strong potential that this will eat away at their bottom line. Truth is, it will.. and I don't feel any pity.
Why aren't these taxi companies modernizing? Why aren't they getting apps out there that allow users to do they very same thing. They don't even need to develop any, many have already done so... such as (https://www.flywheel.com/), Easy Taxi (http://www.easytaxi.com), Curb (http://gocurb.com), or Hailo (https://www.hailoapp.com/en/). There should be little or no excuse.
If I were a smaller taxi company, such as the taxi companies in #MiltonOn , I would be jumping on board as fast as I could. Of course, The Toronto companies could be adopting to get ahead of their competitors... but they don't. You could technically even have different companies in different cities using the same app, such as flywheel, which would mean I could get the closest taxi no matter where I was in the GTA. But, they haven't. Why not?
I can see why Uber is exploding. They have very little, if any, competition in most markets. It's not their fault, they are just pushing the boundary. I for one hope the competition gets their act together before they are irrelevant. Sadly, I doubt they will... they'll be too busy trying to maintain the past via the court rooms.