RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Anarcho-Capitalist NEWS: Apps put OZschwitz taxi 'monopoly' in doubt Sat Nov 03, 2012 6:14 pm | |
| The O'Farrell government is considering smashing the virtual monopoly in the taxi industry as smartphone apps and new technology have emerged as popular — and in many cases superior — booking and payment methods.
Cabcharge's stock price would be 10 per cent of what it is now and that's why they're lobbying so hard because they've got an incredible amount to lose from us being successful. Hamish Petrie, Ingogo
The apps including Ingogo and GoCatch are touted as more convenient, reliable and cheaper for consumers through lower transaction fees but the taxi industry says they are unsafe.
Read more: http://www.smh.com.au/technology/technology-news/apps-put-nsw-taxi-monopoly-in-doubt-20121102-28nv6.html#ixzz2BCU35h9W
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