"Uber and Lyft took on New York City once again, and this time they lost. The New York City Council voted today to pass a package of bills that would, among other things, instate a 12-month pause on adding new ride-hail cars while the city studies the companies’ effects on congestion and driver wages.
Uber and Lyft have warned users that this may lead to higher prices and longer wait times for rides. “These sweeping cuts to transportation will bring New Yorkers back to an era of struggling to get a ride, particularly for communities of color and in the outer boroughs,” Lyft VP of Public Policy Joseph Okpaku said in a statement.
Read on: https://www.recode.net/2018/8/8/17665706/uber-lyft-new-york-city-cap-vote-rules
Comments
Revoke Uber and Lyft base licenses in New York City increase the amount of medallions and let drivers earn a decent living in New York City
Uber and Lyft brought this on themselves with oversaturation of the market and deterioration of driver compensation. They may have been able to pay off politicians at one time, but that ship has sailed and the time has come to pay the piper for their misdeeds. Finally repuudiation of Uber's lies.
The Seattle city council toyed with these issues before, so I can only hope that they'll follow in the footsteps of NYC.