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Drivers don't inspect brakes. Most drivers pay a daily lease for their cabs -- even if their cab is in the shop for a half day getting fixed.
What kind of driver drives in a car himself that has bad brakes? Who would work for a company that would force him to drive a cab with brakes that could just stop working?
Meters can be gerry-rigged to run speedy. If they aren't regulated and meters aren't required to be checked and sealed, drivers will speed them up.
That's fraud. I never proposed that the government should not take action against that if it happens. But like I've said to you throughout this thread, where is the evidence that shows this to be a prevalent problem?
Tourists are at the mercy of cab drivers. They don't usually know what the fare should be. They're cheated by cab drivers all the time. In fact, unless one is a regular rider, not many people know what a cab fare should cost.
If it's not advantageous to them (cost vs. benefit) then they won't make a deal. There is no way around that. There is no should[/b] in prices. The right price for a consumer is the lowest he can find and the right price for a vendor is the highest price he can sell for. In the end, unless it is advantageous for both, a transaction will not happen.
Regulatory agencies give the consumer a place to go to mediate and complain, requiring accountability on the part of cab companies. They are cash businesses and, as such, are a breeding ground for corruption.
If there is fraud then go to a court. You don't need regulations upon regulations upon regulations.