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   benefit      biggest      cabs      cities      competitor      crowd      degree      different      fares      good      illegally      increasing      knowledge      license      passengers      profits      technologies      things      traditional      world  
A price war has broken out across the among taxi companies. There is competition for passengers because of the apps that can order taxis. Some taxi companies are cutting their by more than half to beat companies. The world's biggest taxi-booking app is called Uber. It was founded in 2009 and now operates in over 200 across the globe. Many drivers of London's black taxis are unhappy with taxi apps. They argue that drivers of app are too inexperienced to drive taxis in London. Black cab drivers must pass a difficult test on their of London's streets to get their taxi-driving . They have slashed some of their fares from $45 to $7.50.

The U.K. boss of Uber said the price war would his company and result in higher , saying: "There's a lot of competition over the app makers and, to a certain , you need to think of that you can do to stand out from the ." London black cab driver Anthony Street says business remains despite the app companies. He said: "There are lots of that are changing things for us, but it's up to drivers." One of New York's taxi companies has called for Uber to have its license suspended. It says Uber is using data collected from . In Singapore, the government has just announced that it would start regulating taxi app companies.

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