Lyft, Juno Sue New York Regulators Over Rules That Could Make Them Pay Drivers More Than Uber

in #government6 years ago

First New York regulators approve abortions in 3rd trimester and now they want to abort competition in the ride share space...let consumer decide


"Paying drivers more per-trip than the competition, the companies argue,  means their fares will also have to be higher than the competition's.  That in turn will scare away riders, reducing their utilization rate  even further. An even lower utilization rate means even higher driver  pay, necessitating more fare increases and starting the cycle all over  again. "  Politicians do not understand basic economics



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