MEDALLION OR OPEN ENTRY LICENSING?

       Open entry may cause an influx of independent operators, with drivers attracted by low entry costs, the opportunity to service ‘guaranteed’ trips at a taxi stand, and the opportunity to work for oneself. These individuals may not have knowledge of true market conditions, and a lack of alternative employment may lead to persistent oversupply (Teal & Berglund, 1987).— 

—- from a report given to the Manitoba Taxi Board December 20, 2017