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Re:Uber services suspended in Barcelona by narag on Friday February 01, 2019 @05:29AM (#19053082)
The reason VTC licenses are expensive is that it were first illegal, then EU forced legality with a directive, then government found a loophole to forbid them again, so there was a window of a few years when they could be obtained.

So artificial scarcity.

Edit: Oh and BTW it was taxi drivers who mostly benefited by the price boom. They bought the licenses for less than 200 and sold them by thousands.

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