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The problem is that any real change for cab companies requires the PPA (or your local city's authority) to admit that medallions are incredibly overvalued, arti

The problem is that any real change for cab companies requires the PPA (or your local city's authority) to admit that medallions are incredibly overvalued, artificially inflated, and archaic. I don't know if you know the Philly PPA, but it's more likely to rain gold nuggets. The PPA (and other medallion authorities) will never admit they're way is antiquated or wrong (or damn near criminal) and will do whatever they can to sustain authority, the status quo, and monopoly. The only way to shudder "disrupt" old, dirty cabs with poverty-wage drivers is to show complete disregard for bad laws and those desperate to hold on to power no matter how bad it is for the population at large - or even the drivers they say they protect.

meesterdude 12y ago
First, let me state this clearly and for the record: fuck the PPA with a bag of rusty dicks. But I think you're right. PPA will need to change and that will not come easily. They will react though - but it will very likely be too little too late. I think the number of cab companies will go down and medallions will drop in value; if i recall NY has already gone through this. Or there will be pressure from cab companies to change the rules. I think ultimately Lyft and Uber and such can bring about positive change and disrupt shake things up in an industry that has gotten a little too cozy. interesting bits from the PPA site: > Recent legislative changes have altered the composition of the Parking Authority’s Board of Directors, with a majority of Board members now appointed by the Governor of Pennsylvania. and > In July 2004, the Authority assumed responsibility for the regulation and enforcement of taxi cabs and limousines operating in Philadelphia.