Yoon Seok-yeol, the presidential candidate of the People Power Party, is receiving a policy proposal from representatives of the taxi industry and labor unions at the "Cheer Up Taxi! Communication Day" policy meeting held on the afternoon of the 8th at the Transportation Hall in Songpa-gu, Seoul. [Image source=Yonhap News]

Yoon Seok-yeol, the presidential candidate of the People Power Party, is receiving a policy proposal from representatives of the taxi industry and labor unions at the "Cheer Up Taxi! Communication Day" policy meeting held on the afternoon of the 8th at the Transportation Hall in Songpa-gu, Seoul. [Image source=Yonhap News]

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[Asia Economy Reporter Lee Gwan-joo] Yoon Seok-yeol, the presidential candidate of the People Power Party, held a meeting with the taxi industry on the 8th and pointed out the monopoly problem of taxi-hailing app operators.


At the 'Cheer Up Taxi! Communication Day' policy meeting held at the Transportation Hall in Songpa-gu, Seoul, Yoon said, "Even after paying various costs, there is nothing left, but taking a huge portion of the profit as commission is extremely unreasonable and against common sense," directly addressing the taxi-hailing app issue.


Yoon especially proposed an alternative, saying, "If it is legally difficult to block monopolistic and exploitative profits, the government will create a platform funded by public finances and promote it widely to the public to enable improvement."


He added, "I still use the old-fashioned way of hailing taxis on the street," and "Although I sometimes call a taxi to my home through Kakao, as the platform that citizens use to hail taxis becomes monopolized, initially they use and recommend it without paying, but once the monopoly is established, it becomes problematic," he pointed out.


Regarding the demand to legalize taxis as a public transportation means, he said, "It is time to choose whether the government will provide financial support in some form, or allow free reporting and operation of all taxi businesses to authorities, or regulate fares through various administrative systems like managing other prices."



Additionally, Yoon conveyed his position on the industry's request to allow taxis to provide quick delivery services, stating that he will actively consider a system that can combine small-scale cargo transport and passenger transport.


This content was produced with the assistance of AI translation services.

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