Is Seoul in this heated battle with Uber for no reason other than protecting a vested interest?

The Seoul Government is vigorously fighting to shut down Uber. We suspect other shared economy/new economy initiatives are soon to be on the government’s radar. It sure seems like President Barrack Obama’s Head of the Global Development thinks Uber and like technologies are a positive for the economy and consumers. Why such a vocal opposition from the Seoul Government? Mohamed El-Erianis the chief economic adviser of Allianz SE and the chairman of Barack Obama’s Global Development Council wrote an article

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