Why should taxi drivers, unlike people in most other businesses, have to ask the city’s permission for change their prices? This disparity is exemplified in the departure of one major company from the U.S. altogether. Hailo, maker of a smartphone app that allows users to hail and pay for a taxi, announced it’s completely shutting down operations in North America citing a lack of profitability.

http://nocronies.com/chicago-taxi-reforms-dont-make-up-for-lack-of-business-freedom/