In many large U.S. cities, taxicab companies operate as near monopolies because of

Name: In many large U.S. cities, taxicab companies operate as near monopolies because of
Brand: Quizplus
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Taxicab companies typically require licenses from local governments in order to operate legally. These licenses can be costly and difficult to obtain, creating barriers to entry for competitors and allowing for near monopolies to exist.

In Many Large U