Should Rideshares be Regulated?

Rideshare regulation is a hot topic right now with cities (NYC, we are looking at you!) trying to figure out the best course of action for regulating (or not regulating) rideshares such as Uber and Lyft. The debate is fierce with Uber stating that rideshare regulation will only hurt the marketplace and drive prices up for riders while others love that regulating rideshares might actually be a solution to the increasing traffic congestion over recent years.

With the recent news surrounding NYC regulating rideshares, we asked respondents in a recent survey if they agreed or disagreed with cities who want to implement rideshare regulation. The results were astounding with 89% of people stating that they do not think cities should implement rideshare regulation. It appears as though riders and Uber have something in common after all!

What is your opinion on regulating rideshares? Let us know on our forum!