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Taxis were a cottage industry - pretty much the opposite of a cartel (so were Bed and Breakfasts, another "app-disrupted" business).
by vintermann 1y ago
Taxis were a cottage industry - pretty much the opposite of a cartel (so were Bed and Breakfasts, another "app-disrupted" business).
- NovemberWhiskey 1y agoCould you tell me why you think that? In NYC, prior to Uber entering the market, taxi medallions changed hands for up to $1mm. Prices were fixed by the TLC. If these are no strong indications of a cartel, I don’t know what is.