Taxi medallions were introduced to enforce a monopoly for the wealthy taxi company owners. Take Las Vegas as a prime example, you can't get a medallion unless y

Taxi medallions were introduced to enforce a monopoly for the wealthy taxi company owners. Take Las Vegas as a prime example, you can't get a medallion unless you are part of a taxi company. Of course you can't start a taxi company unless you are "mentored" by an existing taxi company.