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I strongly urge you all to read OFT956, ‘Evaluating the Impact of the Taxis Market Study’
The OFT commissioned Europe Economics in March 2007 to evaluate the impact of the OFT's 2003 market study into the taxi and PHV sector in the UK and their 135 page report was published in October 2007.
Strangely this report, although on the Internet, has been kept very quiet by the government, DfT and OFT. Could the reason be that Europe Economics have dared to criticise the OFT's 2003 report???
EUROPE ECONOMICS EVEN GO AS FAR TO SAY (Paragraph 6.40);
'The nature of the street and rank hiring segment involves externalities which affect consumers and which justify some continuing regulation.'.
See the full post on OFT Update Forum
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