Saturday, May 26, 2018

BWorld podcast 2, TNVS fare and surge control are wrong

My second podcast in BusinessWorld was posted last May 17, 2018.

I discussed there what I frequently argue in my column -- that government interventions in pricing in a deregulated sector is wrong, that price and fare control is wrong. Government restrictions in number of land transportation franchises and transport network vehicle service (TNVS) like Uber, Grab, new players like Hirna, are wrong.

Government should encourage more players and competitors per sector, per industry. Consumers and commuters must have more choices in ride sharing.

See also: BWorld 156, Integrated PPP vs hybrid PPP, October 04, 2017.

No comments: