Posted on 07/22/2015 1:47:07 PM PDT by OddLane
The de Blasio administration has backed away from its fight with the app company Uber, agreeing on Wednesday to drop for now its plan to place a cap on the number of vehicles operated by Uber in New York City.
The agreement brings a temporary end to a fractious struggle that had consumed City Hall for several days, and inundated parts of the city with mailers, phone calls, advertisements and even celebrity endorsements.
Under the agreement, according to three people familiar with the agreement, the city will conduct a four-month study on the effect of Uber and other for-hire vehicle operators on the city’s traffic and environment.
(Excerpt) Read more at nytimes.com ...
For now? What the hell good is that? What kind of business can make plans based on a public policy that essentially says: “well, we’ll stop trying to put you out of business FOR NOW . . . “
God, I am so tired of ignorant leftist politicians and their moronic supporters.
Historically, New York City has done a pretty detailed review of traffic conditions in Manhattan's central business district before they issue new taxi medallions. They limit the number of medallions they give out, in order to minimize traffic congestion around major transit hubs and tourist destinations. They're trying to do the same thing with Uber and Lyft drivers, and for the same reasons.
What is really about is the monopoly on those multi-million dollar taxi medallions. The value of those medallions is tanking daily and will not stop until they can reinforce the monopoly.
Reinforcing the monopoly will only serve to tank Hillary among Millenial voters.
I love the smell of napalmed Democrats in the morning.
Bullcrap.
Dumb questions:
If Uber is taking riders away from taxi drivers, won’t there be fewer taxi cabs on the road?...correlating to the increased traffic from Uber?...pretty much equaling out.
If Uber is more efficient than a Taxi...and I believe it is in most cities, since on call Uber drivers are reported to be faster to pick up a rider than a standard cab...doesn’t this mean a net reduction in miles driven on NYC streets?
So -- unlike most other parts of the country, they do operate under very similar regulatory conditions as taxi cabs and limousines.
It's also worth noting that Uber is now in the same entrenched "pre-existing monopoly" position in New York City that you claim the TLC-regulated industry is in ... which is why Uber has gone to such great lengths to keep their biggest competitor (Lyft) out of that market.
No. I can guarantee you that there won't be any unused taxi medallions in New York City anytime soon. The traffic patterns will probably change, and there may be fewer taxis available in the outer boroughs or in less-traveled locations, but there will likely be no change in taxi volumes in places like midtown Manhattan.
So you are assuming that the number of people taking taxi rides/Uber rides will be higher than they are now?
If not, even if the medallions stay ‘used’, the actual road time for a NYC taxi would have to fall, as Uber road time climbed.
And in a two year period, there has been just that - a 12% drop in gross Medallion fare revenue in NYC...which should, I believe, equate to a 12% drop in NYC taxi traffic.
I don’t really think the mayor’s concerns have much to do with traffic.
No. I’m assuming that there will be more taxis and Uber drivers chasing the same number of passengers.
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