2 ms·
When I say a very small town I mean way less than 100k people. There is a very high barrier to entry in being the second taxi service for outsiders because when
by MichaelZuo 3y ago
When I say a very small town I mean way less than 100k people. There is a very high barrier to entry in being the second taxi service for outsiders because when it's that small everyone knows everyone else or their family by name so they don't trust outsiders easily.
Regardless of how permissive the regulations and bylaws are on the books.
And even when it's a second group of locals that want to establish a second taxi service, you can still establish your 'monopoly power' on one side of town, or specific areas. There's no practical bottom limit.