In NYC, prior to Uber entering the market, taxi medallions changed hands for up to $1mm. Prices were fixed by the TLC.
If these are no strong indications of a cartel, I don’t know what is.
In NYC, prior to Uber entering the market, taxi medallions changed hands for up to $1mm. Prices were fixed by the TLC.
If these are no strong indications of a cartel, I don’t know what is.