Complex sentence: Taxi medallions are another commonly referenced example of rent seeking: by forbidding competition by non-medallion taxi services, government makes the otherwise consensual transaction of taxi service effectively a forcible transfer of wealth from the passenger to the medallion holder.
Split into simpler sentences: Taxi medallions are another commonly referenced example of rent seeking. Critics hold that by forbidding competition by non-medallion taxi services, government makes the otherwise consensual transaction of taxi service a forced transfer of wealth from the passenger to the medallion holder.