There is a lack of publicly accessible evidence to support the argument that compensation should be paid. Governments should release modelling that justifies their decision to compensate.
Consumers should know who is being compensated. There is a lack of publicly accessible date on licence ownership. Consumers should be made aware if they are compensating investors, such as corporations and trusts.
Any hardship suffered by licence holders is a consequence of inaction by successive governments to regulate the trade of taxi licences. It is appropriate that any hardship relief be paid by the government, rather than consumers or other market participants. A levy on consumers or emerging sectors will delay the benefits of reform.
This report was commissioned by Uber.