No I think we are missing the point.
LTA has already stated some months back that they will not
consider another operator unless that company will have a huge
fleet. Even then, they are unlikely to approve because there are
presently enough operators so in essence there should be enough
competition.
I think what they will be looking at competition. Now more or
less CDG sets the tone and everyone follows. They are instead
likely to come out with a system that forces companies to be more
competitve and ensure enough cabs are on the road.
And like any government agency, that almost certainly involves
penalties and fines. They go after the companies and force the
companies to go after us.
Of course companies cant fine us, so they instead will offer
discounts, if the taxi is on the road at certain times when demand
is high, there must be some incentives for doing so.
But before we start saying hurrah, companies will likely raise
rental first and then offer the discount.
And LTA will will surely go on the warpath, with a lot more
enforcement to ensure compliance.
In end we will all grumble and complain, yet be forced to accept
the changes. Don't forger that as far as LTA are concerned we are
at the bottom of the totem pole.
