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LAS VEGAS (AP) — Taxicab companies in southern Nevada struggled to attract passengers for the third year in a row.
The authority regulating Clark County taxicabs has some problems, according to a state audit.
State auditors say Las Vegas-area cabs are overcharging customers to the tune of $47 million a year.
The finding came in an audit of the Nevada Taxicab Authority presented Tuesday.
Uber and Lyft have invaded Las Vegas and they’re taking business from traditional cab companies.
So how do cab companies compete?