Uber sues to overturn New York City’s cap on new ride-hail drivers

Uber filed a lawsuit on Friday to overturn New York City’s first-in-the-nation law capping the number of ride-hail drivers that operate on its streets. The law, which went into effect last August, paused the issuance of new licenses to drivers for 12 months. But Uber wants the law overturned for fear that the city will ultimately make the cap permanent. The law was part of a sweeping legislative package passed by the New York City Council last summer to give regulators more control over e-hail companies. In addition to the cap, the city council also approved a minimum pay standard among drivers, with the goal of reducing how much time empty cars spend on the road. Uber fears the city will ultimately make the cap permanent Supporters... Continue reading…