As NYC's driver minimum wage law goes into effect, Uber increases its prices and Lyft sues NYC's Taxi and Limousine Commission and says prices will increase
Sara Ashley O'Brien / CNN :
As NYC's driver minimum wage law goes into effect, Uber increases its prices and Lyft sues NYC's Taxi and Limousine Commission and says prices will increase
New York (CNN Business)Uber and Lyft customers will have to pay more for their rides as a result of the first-of-its-kind driver minimum wage law in New York City.
NYC approves measures to set the US' first minimum pay rate for rideshare drivers of $26.51/hour gross, or an estimated $17.22/hour after expenses
Today, New York's City's Taxi and Limousine Commission approved measures to enact minimum pay requirements for app-based for-hire vehicles (FHV) like Uber, Lyft, and Juno.
Flywheel's TaxiOS, an app that replaces taxi fare meters and payment systems, granted license by New York City's Taxi and Limousine Commission
Kia Kokalitcheva / Fortune :
Taxi owners, lenders sue New York City over Uber
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