Do taxi companies leverage cozy relationships with taxi regulators to restrict competition so they can overcharges customers and increase their profits? The answer to that is almost certainly yes, and provably yes in certain markets.
Does that mean every business that is trying to break the taxi monopoly is automatically one of the good guys, and run ethically? The answer to that is almost certainly no.
You are the only person talking about mindlessly supporting something. I do not regret any of my original support for the firm, which was well-founded based on the information available, and whose existence solved a real problem in the market.