Naive thought since I'm not familiar with the situation, but since Uber/Lyft could simply raise rates it seems to me this is political posturing on their part to see if they can force the city to back down.
What am I missing here?
What am I missing here?
The problem here, as I see it, is that the model changed from being highly accurate (payment per mile, which can happen in a minute) to something more broad (payment per 15 minutes according to FLSA rules as I understand them).
This is a myth.
FWIW I think this is posturing on Uber/Lyft's behalf, but is almost certainly a sign of future actions if they cannot make the number work.
Now they will get replaced by more traditionally run taxi companies that managers their drivers tighter.
Edit: Or no, the law explicitly said how much ride shares should pay per mile and per minute riding. So scratch that, not sure why they pulled out here.