Although the price of a Toyota Crown Comfort taxi is only HK$230,000, the cost of buying a licence to operate one is at present about HK$7 million. Photo: David Wong

Advent of Uber, sharing economy provides food for thought for policymakers, who must change with changing times

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Although the price of a Toyota Crown Comfort taxi is only HK$230,000, the cost of buying a licence to operate one is at present about HK$7 million. Photo: David Wong
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