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by cynicalkane
3384 days ago
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Sweden famously deregulated their taxi industry. American taxi regulations are awful--I can't compare them to other countries, but they're terrible in an absolute sense, and they vary widely by city. In New York, they even change depending on where you are and what color the taxi is (yellow ones and green ones have different rules). So all these city-by-city variations become a big diseconomy of scale. |
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If there's one positive thing about Uber, it's that they brought an end to this medallion monopoly.