ITF
Published on ITF (https://www.itf-oecd.org)

Home > We need smarter regulation of innovation: Of taxis and smart phones: balancing innovation and regulation > We need smarter regulation of innovation: Of taxis and smart phones: balancing innovation and regulation

We need smarter regulation of innovation: Of taxis and smart phones: balancing innovation and regulation [1]

Date of Publication: 
Tuesday, 21 June 2016
Link to article: 
http://capx.co/external/we-need-smarter-regulation-of-innovation/ [2]
Media Outlet name: 
CapX
Country: 
United Kingdom [3]
Abstract: 

Policy makers in many countries have been caught somewhat off guard by the rapid rise of app-based ride-hailing platforms. In many countries, regulation has been lagging and policymakers struggle in balancing the need to ensure public safety, consumer protection and tax compliance with the potential benefits: higher efficiency of transport, better service, more transparency and the simple fact that consumers like the convenience of pushing a smartphone button to order a ride.

What has not been lagging is the response of those who could possibly to lose out. Legal action by traditional taxi operators has led to some app-based services being banned, operators fined, executives taken into custody, and even violence.

Against this backdrop, a reasoned debate about principles that can serve as a basis for regulators to set frameworks is urgently needed – and this is what we have been working for at the International Transport Forum with key actors.


Source URL: https://www.itf-oecd.org/we-need-smarter-regulation-innovation-taxis-and-smart-phones-balancing-innovation-and-regulation

Links
[1] https://www.itf-oecd.org/we-need-smarter-regulation-innovation-taxis-and-smart-phones-balancing-innovation-and-regulation
[2] http://capx.co/external/we-need-smarter-regulation-of-innovation/
[3] https://www.itf-oecd.org/countries/united-kingdom