Should London's pedicabs be regulated? (Draw the line)

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Pedicabs -- bicycles with fancy carriages on the back -- are popular in London's West End and SoHo. Due to a quirk in London's taxi law, they operate without any type of regulation. But they're widely seen as a rip-off for tourists and a nuisance for those who live nearby. But should they be regulated like taxis or are they just harmless fun?

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