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New York City caps ridesharing licenses, deals major blow to Uber and Lyft
New York City caps ridesharing licenses, deals major blow to Uber and Lyft
New York City regulators placed a cap on operational licenses it grants for Uber and Lyft drivers. The city says it's an attempt to try and save the city’s integral Yellow Cab system after several cab drivers committed suicide.
If you use Uber or Lyft in New York City, you might have noticed your fares are now higher than before for the same trip. It's the result of a number...
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