An argument is made that Hong Kong should not impose limits on ride-hailing services. Market forces, alongside fees and licensing, are suggested as sufficient to regulate the industry effectively.

Hong Kong should not limit the number of vehicles licensed to provide ride-hailing services. In particular, every owner of an electric vehicle that complies with the regulations should, in principle, be able to obtain one on demand by paying the required fee. Normal market forces, together with fees and other licensing requirements, will be sufficient to strike the right balance. I have used ride-hailing services a lot recently. Knee replacement surgery has restricted my mobility, and I have a.....