"Of course" is not an argument. Please explain how customers are harmed by having more choice in the marketplace. The medallion racket was certainly not an adv

"Of course" is not an argument. Please explain how customers are harmed by having more choice in the marketplace. The medallion racket was certainly not an advancement for organized labor. Quite the opposite, really - it prevented common drivers from being able to make a decent living and instead transferred more money into the pockets of the established players. Rather than paying off cars and building businesses, drivers end up spending a great deal of money renting medallions (or going into debt when presented a chance to buy one, as the guy in the article did). Even if you buy the idea that this was to "protect" drivers, would you accept that same logic in your own industry? What if you built a new CRM (sorry, I don't know what you build, if anything) that was better than any other CRM... but you aren't allowed to sell it because the government quota for CRMs is already full... but if you enter you name in an annual lottery, you might get a very small chance to buy a CRM Medallion someday at a reasonable price... or you could buy an existing medallion from another company for $233k and bring you CRM to market now. Does that sound reasonable to you?