The Toronto City Council voted to impose a cap on ride-hail licenses, freezing the number of Uber and Lyft vehicles operating on city streets. The move was met with opposition, with concerns raised about potential price increases and legal challenges from ride-hailing companies. Uber responded by filing a lawsuit against the City of Toronto, alleging that the council’s decision was made in bad faith. The company contends that the license cap was imposed unlawfully and is seeking legal recourse to overturn the restriction. The debate around regulating ride-hail services continues, highlighting the ongoing challenges and conflicts between city authorities and ride-sharing platforms. Read the rest here

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