Hike in taxi fares

I like the articles written by Lucky Tan. We both share the same philosophy about what is right and what is good. Here are his views about the hike in taxi fares. He said that it is better to allow taxi drivers to work for themselves, rather than to hire a taxi from a taxi company. What are your views?

http://singaporemind.blogspot.com/2011/12/taxi-fare-hikes-and-what-is-wrong-with.html