Hanrahan,
"This happened to news agents ages ago. They all suffered a big hit when their monopoly was busted."
I don't actually follow that comment!
The Taxi Industry in NSW is similar to holding a McDonald's Franchise.
Franchising is a long-term cooperative relationship between two entities—a franchisor and one or more franchisees—that is based on an agreement in which the franchisor provides a licensed privilege to the franchisee to do business.
A Franchise is:
an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products.
The Government has basically sold a licence to taxi operators to operate and produce a product that has a uniform, standardized product. Governed and regulated by amongst other things but not limited to different registration and insurance requirements.
The Government has, by letting Uber operate in the first place illegally and in the second place by allowing a licence to now operate is akin to McDonald's selling a "Second Franchise" to a New Operator that sets up right next door to the established McDonalds outlet.
Monopoly? No Compensation? Fair? Precedent Setting?
Rest assured, Mike Baird and his cronies are not interested in the Rule of Law and this is only the beginning of future disenfranchisement of our rights, privileges and options to go about a structured system of commerce.
Government by Popular Decree is not Government at all. It is just appeasing the flavour of the month Mob Rule of day mentality.
More to come and it will not be pretty!
MI
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News: Australia's New South Wales rules Uber ride-sharing service legal, page-7
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