[Gwypaas]

Taxi in Europe is hugely dependent on country. Take Sweden, anyone can start a taxi company as long as you have a capital reserve of €5000 per vehicle, some requirements on equipment and insurance and a taxi drivers license for anyone who is driving, nothing hard to get. There haven't been anything similar to medallion systems and what not since it was deregulated in 1990.

Uber Pop got kicked out in a couple of months with Uber having to pay the social security costs of the employees. Now it's just an aggregator of Taxi companies, same with Bolt. The possible margin is minuscule since the drivers change apps depending on which pays the best. Often having both open.

For the companies themselves it's an extremely cutthroat business. From what I have heard the only chance to make any money is to own about 50 cars and have all maintenance in house. Otherwise it's just a fools attempt at being independent.