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home > news Here's who will be hurt by New York's cap on Uber and Lyft

Here's who will be hurt by New York's cap on Uber and Lyft




New York City's recent decision to place a one-year cap on new for-hire vehicle licenses is a sad example of government favoritism for the yellow taxi industry against fair-market competitors like Uber and Lyft. This will hurt poor and minority riders and entrepreneurs, and subject New Yorkers, like myself, further to the subway system's depressing 70,000 delays per month.



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