IntroductionUber is one of the transportation companies that connects its customers, divers as well as operators through online services (Cannon 26). Over the past few years, the company has seen rapid growth due to the increasing number of people using private transportation services. Moreover, due to the growing demand for this service, the company faced many challenges during the process. The company was founded in 2010 under the name Uber by its founders Travis Kalanick and Garrett Camp. Say no to plagiarism. Get a Custom Essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayIn the beginning, the company offered on-demand services to private cars that were black and driven by licensed drivers who were professionals. Although there are many transportation network companies, Uber has dominated and become more popular in providing transportation services in the United States (Cannon 26). Although there is a significant increase in transportation services, there is nothing strange about the changes, as well as the disruptions that the company has experienced in recent times. One of the main changes was the adjustment of working arrangements in the late 1970s as well as the early 1980s. This adjustment led to a change in taxi management from an employer-employee to independent contractors. The latest known changes and adjustments in the taxi industry have been brought about by a significant increase in the number of TNCs since the early 2010s. The rise of TNCs has been contributed by superior convenience, as well as customer experience. Although the exact extent of the impact of TNCs is not yet known, it is now clear that some taxi companies operating in major US cities have been under enormous pressure in recent times. (Cannon 26). Many transport companies have experimented with sharing. the economy during the provision of their services. Indeed, individuals interact with each other through online services in exchange for goods and services. These connections were made possible through websites, as well as new phone apps such as Airbnb and Uber. These applications created and developed a market space where peers interacted with each other. Through these applications, as well as these sites, individuals have been able to rent enough rooms that they own through Airbnb. They were also able to rent out the empty back seats of their vehicles for use by travelers via Uber. Collaborative consumption has allowed many transportation companies to grow and expand significantly for the following reasons: there is a reduction in transportation costs, it has also led to an increase in efficiency and, in the long run term, resulted in increased profits for businesses (Cusumano 33).Through connecting through websites and phone apps, instant connections between suppliers and consumers resulted in reduced transaction costs. Since consumers are expected to accept the terms and conditions offered by these companies, these companies have not faced full legal action on their sites, as well as app users. This has led to the creation of regulatory concerns associated with market competition, the act of consumer protection, and the legality of company practices. Uber used innovative and creative online technologies that enabled its customers to find and request for their services 33).