NYC moves to rein in Uber with cap on ride-hail vehicles

Posted: Updated:

NEW YORK (AP) - New York City is reining in the growth of Uber, Lyft and other app-based ride services with a temporary cap on new cars picking up fares.

The City Council approved a package of bills Wednesday that included a one-year moratorium on new licenses for for-hire vehicles while the city studies the rapidly changing industry.

The Council also voted to set a minimum driver wage equivalent to the yellow cab wage for app-based drivers.

Backers of the proposals said both the traditional yellow cab industry and drivers for app-based services are suffering as Uber cars flood the city's streets. They said the growth of ride-hailing apps has also worsened traffic congestion.

But opponents said Uber and Lyft provide needed service to neighborhoods outside Manhattan that are poorly served by yellow cabs.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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