Having Trouble Hailing Cabs While Uber/Lyft Prices Surge? Time To Fix Regulations
- Wednesday, June 1, 2022, 8:44
- Market
- Add a comment
When Uber and Lyft were launched, they could outcompete taxis by charging lower fees and by providing more convenient services. Today, their prices typically are much higher than for taxis: According to Yipit data, prices are 35% above pre-Covid levels.