When the fare was QR 5 the fuel price was also less than half the current price. One has to stay in business!
Fare competition is good for consumers but not good for the business or the drivers. Some drivers already have to bear losses. The next time you take a taxi, please ask the driver how much he makes a month, what is his monthly target and if he is able to meet that by driving around all day, what is his monthly package if he is unable too meet the target.
It will open your mind.