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> Taxi licenses are an artificially constrained resource, which keeps prices high This is only true for some markets where there is a monopoly or a medallion s
by alkonaut 5y ago
> Taxi licenses are an artificially constrained resource, which keeps prices high
This is only true for some markets where there is a monopoly or a medallion system. Not all markets are like that, not even all markets Uber operate in. Some of the biggest are though.
- webmaven 5y agoAre you aware of any analysis on the quality/cost of taxi services in markets without an artificially constrained supply?