Re:Chicago taxi industry sliding towards collapse
by brazzy on Friday June 09, 2017 @04:55PM
(#14524485)
That's the thing - without the artificial entry barriers like medallions, if they do that then a competitor like Lyft can show up and undercut them very quickly.
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Re:Chicago taxi industry sliding towards collapse
by abalashov on Saturday June 10, 2017 @01:48AM
(#14526310)
Well. Sort of. I wouldn't underestimate the complexity of all the logistics and automation required to deliver this consistently, reliably, and at a large scale, not to mention network effects, market saturation, getting to critical mass, etc.