It’s regulatory capture and people know, but … politics. There is no incentive for more efficiency, since the holders of the licenses are making enough, because it’s a captured market… It’s a protected sector with a limited number of licenses and the amount of licenses is very limited because the market is so small. A real chicken and egg situation.
Taxi license driver holders are almost exclusively Belgian natives. Shuttle drivers come from all over the eu, but they’re not allowed to pick up fares, only work through reservations or on fixed trajectories.
It’s regulatory capture and people know, but … politics. There is no incentive for more efficiency, since the holders of the licenses are making enough, because it’s a captured market… It’s a protected sector with a limited number of licenses and the amount of licenses is very limited because the market is so small. A real chicken and egg situation.
Taxi license driver holders are almost exclusively Belgian natives. Shuttle drivers come from all over the eu, but they’re not allowed to pick up fares, only work through reservations or on fixed trajectories.
Thanks for the insight. Regulatory capture is a problem with everything, it seems.