Nashville operators file suit against regulations that allegedly force firms to fix prices and violate antitrust laws.
NASHVILLE, Tenn. -- The Nashville limousine industry has become the focal point of a federal lawsuit related to the city’s decision last summer to regulate limousines and sedans, a move that included creating a price floor for certain trips.
The ordinance regulates certain passenger “vehicles for hire” that don’t fall under the authority of the Metro Transportation Licensing Commission. Proponents of the measure said that lack of oversight posed risks to the public and put regulated taxicabs at a competitive disadvantage.
But now, the Virginia-based INSTITUTE FOR JUSTICE is stepping in and alleging that the regulations are driving up transportation prices, which the group calls unconstitutional and unethical.
Read more about the NASHVILLE LIMO LAWSUIT BY CLICKING HERE.
Source: NASHVILLE BUSINESS JOURNAL