New York City Approves Short-Term Measure to Curb Uber and Lyft Growth

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Paul Sancya  / Associated Press

Prices for ride-sharing apps in New York may go up after the city council endorsed a one-year industrywide cap on new licenses. Pictured is the Lyft app. Paul Sancya / Associated Press

Skift Take: While we respect regulation for important matters like safety, perhaps New York should let the market take care of some of these issues.

— Brian Sumers

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