I also remember the extremely poor customer service provided by taxi cabs. Dirty cars, rude drivers who acted as if they were doing you a favor instead of engaging in a business transaction. The taxi cartels are no better than Uber and Lyft corporations for sure.
Right. Because taxis don't typically operate at a loss. Whether it's laws like the ones in California or it's just Uber and Lyft having to be profitable, I have little doubt that you'll see large price increases. I actually don't really understand why they haven't just bitten the bullet and done so before now.