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The problem here is when regulation moves beyond safety into protectionism, which I submit ALOT of regulation for both hotels and taxis is FAR FAR FAR removed f
by phpisthebest 4y ago
The problem here is when regulation moves beyond safety into protectionism, which I submit ALOT of regulation for both hotels and taxis is FAR FAR FAR removed from simply protecting health and safety and instead is more about preventing new entrants into the market and protecting current business models
- robbiep 4y agoHere in australia (sydney) we’re still paying $1 per rideshare ride as ‘compensation’ for the taxi disruption. If that isn’t regulatory capture? I don’t know what is
- Retric 4y agoCould also be compensation for a medallion system the government was forcing Taxi company’s to buy into. Force people to spend X00,000$/car to enter a market and then let ride-shares ignore that requirement that’s going to push all these companies to bankruptcy simply because the newcomers don’t have to pay interest on these loans.