Sunday, March 19, 2017

How Austin killed Uber

See this story. Austin created a law that required Uber drivers, like taxi drivers, get fingerprinted and have a background check. Within 36 hours both Uber and Lyft pulled out of Austin. Local ridesharing services have been picking up the slack, Ride Austin being one of the largest. However the Texas State legislature, which is being lobbied by Uber and Lyft to the tune of $2.3 million, is considering State laws that would overturn Austin's city law, once again giving the market back to Uber/Lyft.

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