New York City gives up in Uber cap dispute
Uber has won a big one.
New York City Mayor Bill de Blasio has been going after the pioneering sharing-economy company in a very public way the past couple of weeks, saying he wanted to limit the number of Uber vehicles on city streets.
As of Wednesday, the mayor’s administration has blinked, announcing it’ll stop pushing for the cap.
The city is now going to study the effect of for-hire cars on — one would imagine — the taxicab industry in New York.
Moral of the story? You can indeed fight City Hall.
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