• Kyodo

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Kyoto-based taxi operator MK Co.’s subsidiary in Nagoya began charging 500 yen initial fares Wednesday, about 20 percent cheaper than other taxi firms there, as competition in the industry intensifies.

Twenty-five midsize cabs will offer the discount service, which will cover the first 1.8 km. Passengers will have to pay an additional 50 yen for every 214 meters after that distance.

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