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by CryptoPunk 2966 days ago
There's a very low barrier to entry with taxi services, so I don't foresee any ridesharing getting the kind of strangehold on the market that you describe.
1 comments

  There's a very low barrier to entry with taxi services
In New York, it's extremely high to have a legitimate taxicab, as a medallion is required. They went for over $1 million 5 years ago and are still 6 figures.
I meant sans regulatory barriers to entry of course.