NYC Cracks Down on Lyft and Uber, Putting Cap on New Licenses

August 08, 2018 - 5:24 pm
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(KNX 1070) -- New York has become the first major U.S city to clamp down on ride-hailing services like Uber and Lyft. The City Council has approved a one-year cap on new licenses for ride-hailing vehicles, while the Taxi and Limousine Commission studies the effects of those services in the city. 

Marcia Kramer reports from Manhattan.

A spokesman for Lyft worries that the moratorium could be harmful to communities under-served by yellow cabs, especially communities of color and the city's outer boroughs.