Taxi licensing rules are a form of protectionism -- but not for passengers (customers). The rules protect existing taxi owners from more competition, including upstarts that try new methods that are not part of the current taxi monopoly. If you want to kill innovation, increase the regulations. And that will keep prices higher (and quality lower) than they would be with more competition.
Washington, DC is the only US city without taxi licensing. Has that caused any problems there?
Taxi licensing rules are a form of protectionism -- but not for passengers (customers). The rules protect existing taxi owners from more competition, including upstarts that try new methods that are not part of the current taxi monopoly. If you want to kill innovation, increase the regulations. And that will keep prices higher (and quality lower) than they would be with more competition.
Washington, DC is the only US city without taxi licensing. Has that caused any problems there?