| Comment | Only insofar as there's less time waiting doing nothing. They can't charge more per mile or minute the way an unregulated market would allow them to. I'm not saying taxi prices shouldn't be regulated, just that an increase in rates to attract more drivers would be a good thing.
Anecdotally you can read it here, people just walk or find a other means of transport so there are fewer journeys being made overall. |
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