Editing Deregulation (section)

==== Ireland ====
The taxi industry was deregulated in [[Republic of Ireland|Ireland]] in 2000,<ref name="ii"/> and the price of a license dropped overnight to €5,000. The number of taxis increased dramatically.

However, some existing taxi drivers were unhappy with the change, as they had invested up to €100,000 to purchase licenses from existing holders, and regarded them as assets. In October 2013 they brought a test case in the High Court for damages.<ref name="ii">{{cite news|newspaper=[[Irish Independent]]|title= Deregulation 'ruined taxi drivers overnight'|first=Tim|last=Healy|date=October 30, 2013|accessdate=August 3, 2021 |url=https://m.independent.ie/irish-news/courts/deregulation-ruined-taxi-drivers-overnight-29709864.html}}</ref> Their claim was dismissed two years later.<ref>{{cite web|website=[[TheJournal.ie]]|title=The government just avoided a €360 million payout over taxis|date=October 16, 2016|accessdate=August 3, 2021|last=Hosford|first=Paul|url=https://www.thejournal.ie/taxis-high-court-challenge-2392615-Oct2015/}}</ref>