Price-gouging serves a purpose: it ensures that the service in question is not unevenly distributed to the first customer there. In situations like transit thi

Price-gouging serves a purpose: it ensures that the service in question is not unevenly distributed to the first customer there. In situations like transit this advantage isn't as obvious as in situations like a gas shortage. Are cabs in the Bay Area regulated in terms of max prices? I end up avoiding Uber in surge times because basically every other option is cheaper.