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News Link • Economy - Economics USA

Portland Pounces On Groupon

• http://www.weeklystandard.com
 As Ronald Reagan famously quipped, “The nine most terrifying words in the English language are: ‘I’m from the government and I'm here to help.’” Portland, Oregon, though, really is here to help. The problem is that the city hasn’t created laws to benefit Portlanders—it’s created them to benefit one specific industry, at the expense of every consumer in the area.
 

The Portland city council two years ago put in place regulations that force limousine and sedan services to charge a $50 minimum for rides to and from the airport, and at least 35 percent more than taxis for trips to any other destination. And these transportation companies cannot pick up customers until at least an hour after the customer calls for a ride.

And it gets worse. Daily deal companies such as Groupon and LivingSocial partner with local businesses looking for new customers and offer limited-time specials that allow people to buy goods and services at a discounted price.

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