Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers::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.
How the hell does a minimum wage make taxis more competitive? That doesn’t make any sense. If uber drivers already make more than the minimum wage then a minimum wage would have no effect on that.
You should read the article, because it’s only a set minimum for those two companies, not a general min wage.