Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers
cnn.com
Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.
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Good! Providing a cheap service at the cost of the staff doing the work is not acceptable.
This is all just grandstanding anyway. They may leave, but likely they will just increase their rates.
Exactly. I envision them threatening to leave, but ultimately not taking the revue hit by raising prices for the end users.
I don't agree with profits over everything. I anticipate the public narrative blaming the drivers or politicians for them exiting the market, but in my opinion its their own corporate greed thats pushing them out. This is unfair and people shouldn't be vilified for standing up for workers rights.
It's like when Amazon threatened to leave NY when AOC was campaigning for higher minimum wage over there or whatever it was. I forget the exact details, but the point is that it ended up being a bluff and of course they stayed.