Submitted by Guest1234 (not verified) on Wed, 12/09/2009 - 10:49pm.
It's not a free market, if the city regulateswhat cabs can charge a for a ride. City sets the pricing therefore they must control the supply. That is basic econ 101. Supply - Demand curve. Not sure anyone wants taxi drivers charging whatever they want for each fare.
It's not a free market, if