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No, taxis are bad because companies try to squeeze the maximum amount of money while providing the least possible service. They could provide a good service wit
by tasogare 7y ago
No, taxis are bad because companies try to squeeze the maximum amount of money while providing the least possible service. They could provide a good service within the term of the regulations if it were their focus.
Where I live taxis are regulated yet provide a decent/high quality of service. And it’s true even in cities like mine where the public transportation network is crap (bus based).
- manigandham 7y agoTaxis got away with it because there was no competition until ridesharing came around. They wouldn't have provided good service on their own when protected by laws. Nothing has improved commercial services like competition. Nothing has ruined it like regulation. I've yet to hear how any of these externalities are solved with regulation, or how they are unique to ridesharing vs private car ownership.