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A price war has broken amongbyforfrominofonoutovertowith across the world amongbyforfrominofonoutovertowith taxi companies. There is increasing competition amongbyforfrominofonoutovertowith passengers because amongbyforfrominofonoutovertowith the different apps that can order taxis. Some taxi companies are cutting their fares amongbyforfrominofonoutovertowith more than half to beat competitor companies. The world's biggest taxi-booking app is called Uber. It was founded amongbyforfrominofonoutovertowith 2009 and now operates amongbyforfrominofonoutovertowith over 200 cities across the globe. Many drivers of London's traditional black taxis are unhappy amongbyforfrominofonoutovertowith taxi apps. They argue that drivers amongbyforfrominofonoutovertowith app cabs are too inexperienced to drive taxis in London. Black cab drivers must pass a difficult test amongbyforfrominofonoutovertowith their knowledge amongbyforfrominofonoutovertowith London's streets to get their taxi-driving license. They have slashed some of their fares from $45 amongbyforfrominofonoutovertowith $7.50.

The U.K. boss of Uber said the price war would benefit his company and result amongbyforfrominofonoutovertowith higher profits, saying: "There's a lot amongbyforfrominofonoutovertowith competition amongbyforfrominofonoutovertowith the app makers and, to a certain degree, you need to think of things that you can do to stand amongbyforfrominofonoutovertowith from the crowd." London black cab driver Anthony Street says business remains good despite the app companies. He said: "There are lots amongbyforfrominofonoutovertowith technologies that are changing things amongbyforfrominofonoutovertowith us, but it's up to drivers." One of New York's biggest taxi companies has called amongbyforfrominofonoutovertowith Uber to have its license suspended. It says Uber is illegally using data collected amongbyforfrominofonoutovertowith passengers. In Singapore, the government has just announced that it would start regulating taxi app companies.