Medallions as an idea to regulate the market is not bad. But the impelementation we see today is the result of years of lobbyism, and to some extend corruption.

Medallions as an idea to regulate the market is not bad. But the impelementation we see today is the result of years of lobbyism, and to some extend corruption. If a city needs to regulate the taxi market, and there could be reasonable arguments for that, for instance, ensure capacity at all hours, or during peak periods. A medallion systems works fine, because you can sell a medalion with terms of when to drive. We do it for doctors in Denmark. If you want to practise medicine, you must do a certain level of on-call duty.