> They are heavily regulated Regulations generally favor the incumbents. Don't believe me? Start a food truck in Manhattan. I suppose you could argue that tax

> They are heavily regulated Regulations generally favor the incumbents. Don't believe me? Start a food truck in Manhattan. I suppose you could argue that taxis are getting a raw deal now, even with the existing regulatory capture. I'd be receptive to arguments that certain taxi regulations are punitive or out of date.