Technology has fractured all kinds of established businesses, from music and retail sales to the mail and news media, sweeping away whole sectors that are not able to adapt quickly enough.
Now an industry many of us love to hate is up against the wall, but the taxi business will not going down without a fight.
Uber, the San Francisco-based taxi app that’s exploded into hundreds of cities worldwide in just five years is facing stiff resistance in Canada.
The City of Toronto is embroiled in a legal fight with the company while Vancouver has put off a decision on whether to permit it entry into the city’s under-served cab market.
Meanwhile in Ottawa, Uber drivers have been targeted by an undercover sting operation and slapped with hefty fines.
We are witnessing what may be the opening rumbles of a tectonic shift that could fundamentally change the taxi business in the same way Amazon revolutionized consumer retailing and iTunes helped kill the neighbourhood record store.
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