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New York Becomes First Major U.S. City to Crack Down on Uber and Lyft

HeadlineAug 09, 2018

New York has become the first major U.S. city to crack down on Wall Street-backed ride-hailing apps like Uber and Lyft. The New York City Council voted overwhelmingly Wednesday to halt new vehicle licenses for ride-hailing services and set a minimum pay rate for drivers.

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