Answer to Question #62821 in Microeconomics for John Smith

Question

Describe the taxi market in London (competition, etcetera) in the
context of the changes taking place.

These two articles give you a picture of what the taxis in London:
BBC news: http://www.bbc.co.uk/news/technology-29740296
The Guardian: http://www.theguardian.com/technology/2014/dec/05/black-cabs-end-ofthe-road-uber
This page is on news articles on transport in
England: http://www.theguardian.com/politics/transport

Answer 1

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