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Fare market: Cab company defied big competitor to advance company

Cab company defied big competitor to advance company Springs Cab has proven that the Colorado Springs is big enough for two cab companies, despite earlier protests from its competitor that this should remain a one-cab-company town. Springs Cab just added seven cabs to its fleet and plans to be up to 25 by mid-May. That… Continue Reading Fare market: Cab company defied big competitor to advance company

Looser regulations drive taxi competition

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Businesses that are now regulated by the Colorado Public Utilities Commission enjoyed the benefits of a government-guaranteed monopoly until 1994, when the legislature changed the “entry standard” from regulated monopoly to regulated competition. For cab companies competing in markets with populations of 60,000 or more it meant a new applicant seeking to enter the market… Continue Reading Looser regulations drive taxi competition

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