New York City Temporarily Halts More Uber And Lyft Cars On The Road
The New York City Council passed legislation Wednesday to temporarily halt new licenses of for-hire vehicles like those of Uber and Lyft, in the first action by a major U.S. city to cap the growth of the ride-hailing services.
The city council passed a package of bills to regulate the ride-hailing industry, including setting a one-year cap on the number of Uber and Lyft cars on the streets to study effects on traffic congestion, and allowing city regulators to set a minimum pay rate for drivers.
Proponents of the regulations praised the passage, saying the halt will benefit ride-hailing drivers who face an oversaturated market and help ease traffic on the city's clogged streets.
"Our city is directly confronting a crisis that is driving working New Yorkers into poverty and our streets into gridlock. The unchecked growth of app-based for-hire vehicle companies has demanded action – and now we have it," New York Mayor Bill de Blasio said on Twitter.