Seattle City Council just voted to cap each of the three ridesharing services, UberX, Lyft, and Sidecar, to a maximum of 150 drivers on the road at any given time. The legislation has been debated and withstood strong controversy and criticism for some time. Will this kill the success of the industry and force old-school taxi systems under heavier regulations to adapt to a modern, technology-driven world? Or will it just kill innovation entirely? I am just glad Car2Go is unaffected!
Here is a simple overview of the decision and its implications: Breakdown: What the key players are saying about Seattle’s ride-sharing cap – GeekWire.