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content area Part 1 After new ride-sharing services like Uber and Lyft emerged, the demand for traditional taxicab rides increased remained the same decreased .

content area Part 1 After new ride-sharing services like Uber and Lyft emerged, the demand for traditional taxicab rides increased remained the same decreased . As a result, taxicab firms' profits rose fell , and the prices that they were willing to pay for taxi licences rose fell

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