Taxi payment company Cabcharge has levelled the primary blame for a decline in full year 2106 revenues at regulatory changes in the taxi industry as well as “aggressive” competition in the national taxi market.
The competition watchdog has given conditional authorisation to a joint venture arrangement between taxi networks and other industry participants, including Cabcharge, to launch and operate a new smartphone taxi booking app – ihail.
Taxi company Cabcharge says the ‘NSW Government taxi reforms signal recognition of the need to move to a level playing field’
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