BBC NEWS
BBCi CATEGORIES   TV   RADIO   COMMUNICATE   WHERE I LIVE   INDEX    SEARCH 

BBC News UK Edition
 You are in: Business  
News Front Page
World
UK
England
N Ireland
Scotland
Wales
Politics
Business
Market Data
Your Money
E-Commerce
Economy
Companies
Fact Files
Entertainment
Science/Nature
Technology
Health
Education
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
CBBC News
SERVICES
-------------
EDITIONS
Wednesday, 21 August, 2002, 15:06 GMT 16:06 UK
Trade watchdog probes taxi industry
News in brief graphic
A trade watchdog has launched a probe into the 2bn licensed taxi market, amid fears of over-regulation.

The Office of Fair Trading said it was to investigate "how well the market is working for consumers".

The inquiry would focus on regulations which have allowed almost half of regional councils in England and Wales to restrict the numbers of licences issued to taxi drivers.

"This is a large and growing market which is highly regulated," OFT director general John Vickers said.

"We want to be sure that regulation strikes the right balance so that passengers have the protection they need while reaping the benefits of effective competition."

The current regulatory regime allow regional councils to limit the number of licences issued, while denying London authorities the same powers.

However, taxi drivers in the capital must pass "the knowledge", a test of their geographical skills.

In Scotland, officials can, besides limiting licence numbers, specify taxi design, while Northern Ireland authorities have powers to check the roadworthiness of vehicles and "repute" of drivers.

See also:

07 Aug 02 | N Ireland
22 Dec 01 | N Ireland
14 Mar 00 | Science/Nature
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Business stories are at the foot of the page.


E-mail this story to a friend

Links to more Business stories

© BBC ^^ Back to top

News Front Page | World | UK | England | N Ireland | Scotland | Wales |
Politics | Business | Entertainment | Science/Nature | Technology |
Health | Education | Talking Point | Country Profiles | In Depth |
Programmes