Rental Car Co. Run by Teenagers Undercuts Hertz, Avis (Airport sues new company)

inn cc

Companies like FlightCar are popping up all over the place and they are deeply challenging long established business models. The companies (and other interests such as the San Francisco Airport) which have long benefited from sweetheart deals, don’t want things to change. One can’t blame them but running to the courts to protect one from a better idea, which serves customers at a lower cost is just classic crony capitalism. The old companies try to use the government to freeze out the leaner, meaner, better models. Hollywood is trying to do it through copyright. The taxi companies are doing everything they can to kill Uber ( smartphone app for taxis) in the crib. And there are dozens of other examples.

But this is how an economy grows. This is how jobs are created. Get the government out of the way and let the innovators innovate.

Good luck FlightCar.

 Click here for the article.