Hong Kong's Transport Bureau is considering new regulations for ride-hailing services, following enabling legislation last October. The bureau believes that market forces, along with existing fees and licensing, should be sufficient to regulate the industry. The author contrasts their positive experiences with modern ride-hailing services against the generally older and less well-maintained taxi fleet, while acknowledging recent improvements in the taxi sector. AI
RANK_REASON Government proposal for industry regulation. [lever_c_demoted from significant: ic=1 ai=0.1]
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