Assignment task: Watch the following video and respond to the prompt below:
YouTube Video: How Uber destroyed the NYC cab market
What happened to the value of taxi medallions when Uber and other ride-sharing companies competed with taxis? The CNN segment asks if there is some "middle ground" for regulation -- something between the over-regulated taxis and the "under-regulated" Uber. Should Christian business owners seek government protection or other privileges to gain market power? What do you make of this, in light of the benefits of competition (for consumers)?