Instead of facing down the taxi lobby and working out a compromise, the Hong Kong government defends antiquated laws by refusing to illegalise the ride-hailing service. Photo: Winson Wong

Micro flats and crackdown on Uber in Hong Kong show monopolies win, while consumers suffer

Peter Guy says the government, by refusing to rein in property developers and taxi cartels, is tacitly shielding monopolies at the cost of Hong Kong residents

Topic |   Hong Kong housing

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Instead of facing down the taxi lobby and working out a compromise, the Hong Kong government defends antiquated laws by refusing to illegalise the ride-hailing service. Photo: Winson Wong
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