About This Encyclopedia Category Institutional Reform Description Regulatory Reform involves changes to motor carrier and taxi regulations to encourage competition, innovation, diversity and efficiency in commercial transportation services.
Many jurisdictions limit transportation service competition.
Firms that want to introduce a new transportation service, such as commuter express buses, Shuttles and Jitneys , or shared taxi, are often prohibited altogether or face excessive regulation. Taxi service is often highly regulated in ways that limit competition, innovation, diversity and affordability. Many of these regulations are outdated or unnecessarily restrictive. How It Is Implemented Transportation regulation reforms usually require state or provincial legislative changes, and administrative changes by regulatory agencies, such as motor carrier commissions. Taxi service regulation reforms usually require changes by regional or local governments.