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Wednesday, July 22, 2015

Big win for Uber, New York backs down - Jul. 22, 2015

In a big win for Uber, Mayor Bill de Blasio has halted his controversial plan to regulate the company. At least, for now.



De Blasio had proposed a temporarily cap on the number of new licenses issued to Uber and smaller competitors like Lyft. Uber, for instance, would have only been able to increase its license count by 1%, or 200 cars, in a year's time.



Big win for Uber, New York backs down - Jul. 22, 2015

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