Transport chief Mable Chan says measures under proposed regulatory framework will also prevent speculative trading of licences.

Policy paper submitted to lawmakers also outlines a series of measures to respond to the taxi industry’s concerns.

Transport chief Mable Chan says measures under proposed regulatory framework will also prevent speculative trading of licences.

Transport chief Mable Chan says measures under proposed regulatory framework will also prevent speculative trading of licences.

But lawmaker warns that setting a minimum price could cause legal problems, suggests regulation by controlling number of licences issued instead.

But lawmaker warns that setting a minimum price may cause legal problems, suggests regulation by controlling number of licences issued instead.