Post by SolomonW
I think this is a fascinating article on how technology is affecting
established industries today.
What people forget, or chose to ignore, is that Black Cab taxis are
hackneys (ply for hire), Uber's taxis are private hire (pre-booked).
Ply-for-hire are naturally more tightly regulated as you are getting
whatever random stranger drives past you with no back-office record.
What people also chose to forget is where there are regulated fares, the
regulated fare is a CEILING, not a floor, absolutely *ANY* taxi is at
complete and utter liberty to charge whatever the hell they like up to
that ceiling, so yes, natually, ***ANYBODY*** can choose to compete
on price if they so choose. ****INCLUDING**** Black Cabs.