Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin

Most cities restrict the number of taxi licenses (permits, medallions, whatever) — that drives up the market value of these licenses (and costs to the consumer). Unless the city is issuing new permits, new entrants to the business have to buy a license from existing license holders. That’s both a barrier to entry, and a retirement fund for the seller. It’s also an expense that gets passed on to the consumer.

These “sharing” services have disrupted that comfortable monopoly. Usually, that’s good for consumers, and new businesses. It’s easy to understand why existing taxi companies are opposed to these services.


6 posted on 08/17/2014 4:38:17 PM PDT by USFRIENDINVICTORIA
[ Post Reply | Private Reply | To 1 | View Replies ]


To: USFRIENDINVICTORIA

As more underground taxi, car rental, and hotel rooms come into being, the more city officials are going to put the kabosh on it. They get high tax dollars off of those services (it’s not just about the vested interests of those the corporate monopoly of taxi services, etc.).


12 posted on 08/18/2014 8:56:09 PM PDT by a fool in paradise (ISIS has started up a slave trade in Iraq. Mission accomplshed, Barack, Mission accomplished.)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson