Diego Zuluaga writes for Conservative Home
In the article Diego argues that in order to thrive in a changed environment, London black cabs need to become their own ‘platform’, meaning a distinctive brand which sets its own standards, much like Uber does, and makes the most of its comparative advantages such as the Knowledge, and the iconic status of London taxis. Black cabs could work together via the London Taxi Drivers’ Association – the sector’s main trade body – to jointly set prices, vehicle standards, driver numbers, and so on. They would thereby be jointly responsible for the reputation of their trade and its future prospects.
Read the full article here.
Further IEA Reading: EA Magazine Issue 11