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CTO of RideGuru, tech expert & enthusiast
Chris has been involved with the Taxi industry since co-founding TaxiFareFinder.com in 2007, and has been an avid follower of the rideshare industry since its inception. An expert in full-stack web design and development, Chris oversees all the technical aspects of Unleashed's innovative products.
NYC's new regulation around rideshares is officially doing its job now, for better or for worse.
Uber and Lyft have stopped accepting new drivers on their respective platforms in New York City, Politico reports. The move comes after the city passed new rules that are designed to curb the explosive growth of ride-hail companies.
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Comments
As more drivers leave the system (because they always do) this should ultimately benefit the drivers who remain by increased ride requests due to the smaller pool of drivers.
Time to lower the driver pay. Just in time for the IPO!
Would be interested to hear from NYC drivers over the coming months. I wonder if they will notice an effect.