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Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Excellent: New York shelves effort to limit Uber growth Wed Jul 22, 2015 11:45 pm | |
| The city of New York has capitulated in its bitter feud with Uber, agreeing Wednesday to shelve plans to cap the number of vehicles operated by the online ride-booking service.
The deal averts a head-on collision between New York Mayor Bill de Blasio and the multibillion-dollar corporation, fought in the halls of power in an aggressive Internet and TV ad campaign.
Under the agreement, the city will carry out a four-month study on the effect of Uber and other for-hire operators on the city's traffic problems and pollution.
The council had been preparing to vote this week on a bill seeking to impose severe restrictions on Uber.
https://au.finance.yahoo.com/news/york-shelves-effort-limit-uber-120112640.html |
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