Big news in NYC – the New York City Council enacted major changes in drivers’ favor and against Uber/Lyft. What impact will these regulations have on drivers? Senior RSG contributor Christian Perea covers the latest below.
Yesterday, the New York City Council enacted some of the strictest regulations on Uber and Lyft in the nation when they passed a sweeping package aimed squarely at ride-hail companies and their drivers. The regulations in New York City will include a 1-year cap on allowing new Uber and Lyft cars in the city while also creating an earnings floor similar to a minimum wage for drivers, as well as several other new rules.
This package serves as a huge blow to Uber and Lyft HQ while also being heralded as a major victory by many NYC for-hire drivers. It comes in the wake of six livery driver suicides in the past year, one of which was done on the steps of City Hall.