Wednesday, January 30, 2013

Ride-sharing startup Lyft reaches agreement with California regulators, readies Los Angeles launch

Lyft still

Last year three ride-sharing services received cease-and-desist orders from the California Public Utilities Commission, but today one of the services — Lyft — announced it has reached an agreement with the state's regulators. Lyft made the announcement in a blog post, stating that the interim agreement allows Lyft to continue operation while the CPUC continues developing new regulations for ride-sharing applications and services.


The CPUC's original concerns had stemmed from the fact that Lyft and similar services weren't adhering to the same standards as taxis and similar pre-existing services — what it terms "charter-party carriers." The argument from the likes of Lyft and Uber has been that their services don't operate under...


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via The Verge - All Posts http://www.theverge.com/2013/1/30/3933914/ride-sharing-startup-lyft-reaches-agreement-with-california-regulators-los-angeles-launch

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