Uber Meets Taxis’ Immovable Object: Market Equilibrium
Why, after three years operating in New York, with 100% market awareness, are so few cars in service during peak hours?
Medallion
Taxi King Gene Freidman Appears Concussed in Bloomberg Video
Taxi King Gene Freidman Appears Concussed in Bloomberg Video
Uber Won the War and Medallion Owners Have Themselves to Blame
The complete lack of vision among medallion owners means that New Yorkers can now expect to be held hostage to whimsical surge pricing, unregulated cars and unregulated drivers, much of which will not benefit consumers.
