Honolulu lawmakers pass ‘surge pricing’ cap for ride-hailing companies
7 June, 2018, 9:00 pm
FILE PHOTO: An Uber and Lyft car is seen in San Diego, California, U.S. May 18, 2018. REUTERS/Lucy Nicholson/File Photo
(Reuters) – Honolulu could become the first U.S. city to limit fares ride-hailing companies can charge when demand spikes, following a city council vote on Wednesday, the Honolulu Star-Advertiser newspaper reported. Ride-hailing companies such as Uber Technologies Inc and Lyft Inc use a model known as “surge pricing” in which the fare for a ride […]
