In Australia, there are about three monopolies left, one is the taxi payment system, Cabcharge. It takes a 10% commission from all transactions. They have been fined over $15 million for breaching of their market powers.
A large number of taxi owners / drivers are trying to offer better services through modern tech such as guaranteed books via phone apps and different payment systems. Due to regulatory capture the owners and drivers are been hassled.
Currently, if you install non-cabcharge payment facilities you have trouble with your insurance. Yes, the same people control the booking system, insurance and most other 'operational' aspects of the Sydney taxi industry.
A large number of taxi owners / drivers are trying to offer better services through modern tech such as guaranteed books via phone apps and different payment systems. Due to regulatory capture the owners and drivers are been hassled.
Currently, if you install non-cabcharge payment facilities you have trouble with your insurance. Yes, the same people control the booking system, insurance and most other 'operational' aspects of the Sydney taxi industry.