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Analyze the competitive structure of the taxi market, as it existed in a representative major metropolitan market such as New York prior to the introduction

Analyze the competitive structure of the taxi market, as it existed in a representative major metropolitan market such as New York prior to the introduction of Uber? Where does economic power in the industry reside? Explain.

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Prior to the introduction of Uber the taxi market in major metropolitan areas like New York City had a relatively traditional and regulated structure ... blur-text-image

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