Re:Why UberCab is in trouble. This is the webpage of the S.F...
by sprout on Monday October 25, 2010 @01:32PM
(#1830716)
I'm providing a hypothesis to support the data they claim exist (and I'm inclined to trust that it exists.) Unless you can provide information on case studies where deregulation has provided benefits, I'm going to trust the OP.
Data > intuition.
Also, alternate hypothesis: cabs are less likely to use meters when things are deregulated, so most people don't know what they're paying for, and overpay.
This doesn't follow at all. All other things being equal, barriers to entry drive prices up, not down. If you want to argue that taxis are different than most other businesses in this respect, you're going to have to explain why.