France has nothing to fear from the “Uberisation” of its economy, it’s just a sign of progress and hope,” writes Martin Dixon, a director of the Franco-British Chamber of Commerce.
This isn’t about about why taxis are terrible and Uber is great, it is about how the consumer is king even in France and how real innovation takes off just as quickly here as it does elsewhere.
Let me explain. The Paris taxi industry has for a long time been protected cash cow, lovingly tended by one large organization making millions every year out of the status quo.
To anyone armed with a little spare time and the internet, it’s easy to find out why the taxi monopoly in Paris has lasted so long. “Friends in high places” doesn’t even come close to describing it.
Before Uber et al however, the reality was that whatever consumers thought of the system, they were forced to accept it. Tourists complained, Parisians screamed and yet no transmission mechanism existed to translate the will of the consumer into meaningful change.
Full content: The Local
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
US Judge Delays Approval of $2.8 Billion NCAA Settlement Over Athlete Rights
Apr 27, 2025 by
CPI
US Launches Criminal Antitrust Probe Into TP-Link’s Pricing Practices
Apr 27, 2025 by
CPI
CK Hutchison’s $22.8 Billion Port Sale to BlackRock Draws Chinese Scrutiny
Apr 27, 2025 by
CPI
Fed Withdraws Crypto Guidance, Joins FDIC, OCC in Easing Rules
Apr 27, 2025 by
CPI
EU Investigates Universal Music’s Downtown Deal
Apr 27, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece