The National Transport Authority has recommended a 4% rise in fares (€1.03 to €1.10/Kilometer up to 15 Kilometers), with a drop in the standing charge from €4.10 to €3.60 upon getting into the car. Taxi drivers have rejected the proposals.
My back of the envelope calculations suggest this would have been a fare reduction for trips under 7KM, and a rise for those over 7KM.
Taxi fares to remain unchanged - The Irish Times - Mon, Dec 17, 2012
What are people's thoughts on this? Are there simply too many taxi drivers and not enough customers? Would fares fall if drivers could compete on price like any other business? How could we ensure customers are not gouged?