Quote:
Originally Posted by Vulcan
Cab prices have always been set by the Taxi Commission. Some of you say you want it to be a free market but the brokers and others who hold Taxi plates could just get together and set their own price, which could be worse.
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There would be no more brokers as there would be no more limits on plates. Taxi licenses should only act as a simple document allowing you to conduct business...not as some cottage-industry investment tool for a select few.
And sure, if the existing companies want to get together and collude on prices, go nuts. That is exactly when individual Uber drivers would be able to swoop in and offer lower rates. If people want to pay higher prices for a more organized/professional company...they can. If the want a cheaper option...they can do that too. But at least you have the choice.