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Taxi medallions aren't a thing in lots of cities that have taxis. All Uber did was outpace regulations in many cities.
by c-hendricks 4mo ago
Taxi medallions aren't a thing in lots of cities that have taxis. All Uber did was outpace regulations in many cities.
- s1artibartfast 4mo agoYeah, offering an alternative free of terrible rentseeking regulation
- behringer 4mo agoAt the expense of drivers who get paid peanuts.
- s1artibartfast 4mo agoI wonder how the economics comapre to the prior state, with people buying $800,000 permits from the state, or multiple drivers taking 12 hour shifts driving the same car rented from the permit holder.
- c-hendricks 4mo agoNot all places with taxis required a near-million permit either.