<abstract xmlns="http://www.w3.org/1999/xhtml"><p> A Certificate of Public Convenience and Necessity (CPCN) is a common requirement for a new business owner in services such as utilities, communications, healthcare, and transportation. However, studies have called into question the effectiveness and purpose of these laws when applied in certain industries. This study chronicles the development of and justifications provided for the enactment of CPCN laws. It then empirically tests the effectiveness of these laws in the taxi industry. This paper finds no evidence that the CPCN laws in the taxi industry are meeting their objectives. Some evidence suggests that CPCN laws achieve the opposite of their intention.</p></abstract>

A Certificate of Public Convenience and Necessity (CPCN) is a common requirement for a new business owner in services such as utilities, communications, healthcare, and transportation. However, studies have called into question the effectiveness and purpose of these laws when applied in certain industries. This study chronicles the development of and justifications provided for the enactment of CPCN laws. It then empirically tests the effectiveness of these laws in the taxi industry. This paper finds no evidence that the CPCN laws in the taxi industry are meeting their objectives. Some evidence suggests that CPCN laws achieve the opposite of their intention.

Inconvenient and Unnecessary? Regulations in the U.S. Taxi Industry

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Inconvenient and Unnecessary? Regulations in the U.S. Taxi Industry"}

A Certificate of Public Convenience and Necessity (CPCN) is a common requirement for a new business owner in services such as utilities, communications,...

Inconvenient and Unnecessary? Regulations in the U.S. Taxi Industry

Published Online: Mar 01, 2018

Page range: 76 - 91

DOI: https://doi.org/10.1515/sbe-2017-0038

Keywords
public interest, taxicab, city regulation, Uber, CPCN

© 2018

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Inconvenient and Unnecessary? Regulations in the U.S. Taxi Industry

Published Online: Mar 01, 2018

Page range: 76 - 91

DOI: https://doi.org/10.1515/sbe-2017-0038

Keywordspublic interest, taxicab, city regulation, Uber, CPCN

© 2018

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
public interest, taxicab, city regulation, Uber, CPCN