"Uber reached an agreement with Portland [Oregon] to suspend operations for three months while regulators work to revise rules around taxis that currently prohibit ridesharing apps." - Douglas MacMillan, "Uber Strikes DealWith Portland to Suspend Service for Three Months," in The Wall Street Journal, December 18, 2014. Here is the article.
Providing a model to other disruptive players, Uber, along with with sharing-economy Airbnb, is learning the art of compromise. That's a fundamental of the old economy. Prior to the agreement, Portland, Oregon's Mayor Charlie Hales had attacked Uber in the court of law with a lawsuit and a cease-and-desist order and the court of public opinion with an opinion-editorial. Now, after this three month hiatus which begins this coming Monday, Uber can begin operating again whether the new regulations have been passed or not passed.
Hales' new mission currently is to help ridesharing services function legally in Portland. Earlier sharing-economy Airbnb, which is the online middleman for short-term leasing, initiated its own kind of compromise. The negotiations resulted in Airbnb's being the tax collector when it comes to its renters as well as other ways it can align itself with regulations.
Vilified both abroad and domestically, Uber may find cooperation the only way it can survive and fulfill its global expansion plans.