But there is no certainty with any of it. A wrong'un is a wrong'un and they could easily be a black cab driver or an Uber driver. The best thing that could come out of this is that Uber have to tighten up.
Another important note is that Uber has meant I very rarely see illegal mincab operators...
I'm very much a capitalist who likes competition in industry. For the end consumer it provides a cheaper and more convenient in some cases as well. As far as undercut wages go, people don't have to work for them. Same as Deliveroo - a lot of people like the flexibility this sort of employment...