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New York caps licenses for ride-hail services

Aug, 08, 2023 Hi-network.com
New York became the first major American city to cap new vehicle licenses for ride-hail services, such as Uber and Lyft. The legislation passed overwhelmingly by the City Council and will cap the number of vehicles for a year while the city conducts impact studies on the booming industry. It will also allow New York to set a minimum wage for drivers.

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