Taxi Companies May See Boost in Ridership Following New Rideshare Ordinance in Minneapolis

Taxi Companies May See Boost in Ridership Following New Rideshare Ordinance in Minneapolis

CBS News

Uber and Lyft say that they intend to pull out of servicing Minneapolis if the rideshare ordinance passed by the Minneapolis City Council Thursday morning goes into effect. The ordinance would guarantee drivers get 80% of any canceled rides and earn no less than $5 per ride. Uber urged its drivers and users earlier this week to sign petition opposing an ordinance saying the new proposal would nearly double prices for rides in the city.

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