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Video: UberX vs. NYC Taxi: Testing Which is Really Cheaper

Taxi cabs are part of the iconic New York landscape, but is Uber about to change that? The company says they've lowered UberX fares by 20%, making them cheaper than a cab. But is it true? Bloomberg sent two interns on a race around town to find out which is less expensive. Video by: Sadie Bass, Justin Beach. (Source: Bloomberg)

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