The Denver Daily News gets it, another excellent article by Peter Marcus who took notice of Senator Ted Harvey's efforts to reign in the Colorado Public Utilities Commission's power grab as commissioners continue to block competition in Colorado's taxi cab marketplace, even if that means higher fares for consumers ... the people they are supposed to protect..
And Peter Blake in Face The State also gets in the mix, noting that veteran lobbyists for the big taxi companies are already lining up to protect the profits of the big companies. His insightful take is here.
Marcus writes: A Republican state lawmaker believes state regulators are inhibiting competition by rejecting applications for new cab companies.
Sen. Ted Harvey, R-Highlands Ranch, has introduced legislation that would require the Public Utilities Commission to approve applications for new cab companies if the company can prove that it is operationally and financially fit to provide the service. Exceptions would exist if opponents prove that the public would not be served an advantage by having the new company, or if the new company would be a detriment to the public.
Harvey’s bill comes following a battle between Mile High Cab and the PUC in which the regulatory commission rejected a proposal by the company to open a new cab company in the Denver area ...
Harvey’s bill, however, could give new life to Mile High Cab’s efforts, as well as other cab companies looking to start a new business in the Denver area. Harvey said his Senate Bill 65 is about limiting government control and increasing competition through the free market.
“Colorado government needs to stop the practice of picking winners and losers in the private sector,” said Harvey. “This bill will create a fair playing field and allow the market to dictate who succeeds and who fails.”
Read the full Denver Daily News story here.