Hacker News Reader

> My guess: taxi license/medallions are a relic that is bound to disappear pretty quickly. Since in some places people have to BUY these things, it's obviously not going to be done overnight.

I agree, however until they lawfully become a thing of the past is not fair to people who have bought them (or followed the possibly lengthy procedure of getting licensed)

View on HN

It will be hard to maintain the current structure when Uber can offer a better, cheaper service.

I can't see how they can offer a cheaper service once all major companies have decent apps, dynamic pricing etc. At least here decent apps are standard for all major companies on the market (no live tracking or pre payment but at least very good booking and price info up front). Given that a lot of the income for the major taxi companies come from major deals (school rides, elderly, large corporations) that uber won't take, I don't even think they need to adopt all of ubers' practices to compete with them. As a matter of fact I don't think Uber is any cheaper!

Reply on news.ycombinator.com