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> The Cohens thought that placing Joco’s docking stations on private property would allow them to avoid both Citi Bike’s territory and the city’s regulatory eye. They were wrong. The NYC Department of Transportation promptly sued Joco for operating a bikeshare without prior authorization from the agency, forcing the startup to pivot away from offering consumer rides toward last-mile delivery.

Land of the free, where everything not mandatory is prohibited.

It’s super sad to see the US’s ills pinned on “unrestrained capitalism” or whatever, when in reality there are more and more impediments to new businesses and new lines of business than ever before.



The unrestrained capitalism here is citi bike using the government to step on the little guy. Don't confuse capitalism with free markets.




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