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Topic: New-York Unlicensed Bus Network (Read 904 times)

sr. member
Activity: 406
Merit: 250
full member
Activity: 151
Merit: 100
July 03, 2014, 02:27:16 PM
#10
The people who own the monopoly are the licensed carriers.  They are the ones who hate free markets.

They prompt the government to employ violence to enforce the monopoly.  It's called Regulatory Capture, an essential part of National Socialism.

Real all about it here:  https://en.wikipedia.org/wiki/Regulatory_capture

More likely the licensed carriers also a victim of the whole scheme.

They need to recoup the license cost, and "playing" the game and kill off any unlicensed competitor is the only way.
sr. member
Activity: 406
Merit: 250
July 03, 2014, 01:01:57 PM
#9
The people who own the monopoly are the licensed carriers.  They are the ones who hate free markets.

They prompt the government to employ violence to enforce the monopoly.  It's called Regulatory Capture, an essential part of National Socialism.

Real all about it here:  https://en.wikipedia.org/wiki/Regulatory_capture
full member
Activity: 141
Merit: 100
July 03, 2014, 12:53:03 PM
#8
People HATE this type of free market innovation.

They will employ every bit of government violence they can to stomp out this threat to their monopoly.

People love the cheap service. It is government that hate this kind of innovation and demand "license fee".
sr. member
Activity: 406
Merit: 250
July 03, 2014, 08:30:10 AM
#7
People HATE this type of free market innovation.

They will employ every bit of government violence they can to stomp out this threat to their monopoly.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
July 03, 2014, 05:37:53 AM
#6
Knowing how the taxis operate over there, it'll be interesting to see how long this is allowed to last.

I think it will remain around since NYC is not able to provide a good bus service to all areas
Meaning that new markets emerge to handle those problems
That said with a city of that size it is nice to have alternative transportation methods and its rare to see someone put more than a days effort into an article he took so many trips that was quality work Smiley
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
July 03, 2014, 12:52:00 AM
#5
They are going to get themselves in trouble using city bus stops/terminals. I have seen similar challenges to services like this based only on the use of existing bus stops.
legendary
Activity: 1568
Merit: 1001
July 02, 2014, 10:58:41 PM
#4
Knowing how the taxis operate over there, it'll be interesting to see how long this is allowed to last.
full member
Activity: 132
Merit: 100
July 02, 2014, 10:51:45 PM
#3
Wow, that's a pretty detailed and accurate article.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
July 02, 2014, 10:43:40 PM
#2
That's really cool cities the world needs more transportation alternatives and carpooling
This is kind of like the Jeepneys in the Philippines and a very neat and efficient transport service.
Technology in action neat stuff .
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