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Uber and Lyft say they plan to leave Minneapolis. Here's a cautionary tale for Chicago's progressives.

Retrieved on: 2024-03-21 10:51:19

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Uber and Lyft say they plan to leave Minneapolis. Here's a cautionary tale for Chicago's progressives.. View article details on HISWAI: https://www.aol.com/editorial-uber-lyft-plan-leave-100500392.html

Summary

The article discusses the conflict between Minneapolis' progressive city council, which imposed higher driver compensation, and ride-sharing giants Uber and Lyft, leading to their threat to exit the market due to unsustainable business costs. The situation highlights issues of market control, driver welfare, and public transportation reliance.

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