Uber Protests Spark Chaos and Traffic Jams From London to Madrid

Thousands of cab drivers are protesting against Uber and other car-sharing services in major European cities on Wednesday.

The rallies that spread across Berlin, Paris, Madrid and London caused major traffic jams and blocked roads. The drivers' main complaint: Uber doesn't play by the same rules they do by failing to comply with local licensing regulations, not paying taxes and, bottom line, being an unfair competitor

The protests underscore how Europe's traditional taxi industry has has been shaken up by the introduction of the U.S. startup. Cab drivers often have to pay for costly licensing such as medallions, while Uber drivers usually don't have to, putting traditional cabbies at a disadvantage. Read more...