cabcharge monopoly

I'm not making a comment on the proceedings just posting this as it seems very quiet on the CAB forum. Any opinions ? esp. as regards sp.


"How fair is fare? Cabcharge boss rides in the hot seat."

THE man known in the taxi industry as ''Mr Ten Per Cent'' has come under fire from a NSW parliamentary committee for the hefty levy his company imposes on cab fares paid using credit cards and EFTPOS.

Reg Kermode, the executive chairman of Cabcharge, told a parliamentary inquiry yesterday he did not run a monopoly, despite his company being investigated by the Australian Competition and Consumer Commission for alleged anti-competitive practices.

http://www.smh.com.au/business/how-fair-is-fare-cabcharge-boss-rides-in-the-hot-seat-20100331-reym.html