Robotaxi Price War Threatens London’s Taxi Industry

London’s cabbies could be priced out of the market unless regulators step in to curb “predatory pricing” from deep-pocketed tech giants, the boss of Addison Lee has warned. Chief executive Liam Griffin said companies like Waymo, Wayve, or Tesla risk undercutting traditional operators by subsidising fares to win market share, echoing concerns from the early days of Uber’s expansion. “We do feel that there is a danger that the big players can come in and ride roughshod over the existing industry”, Griffin said.…