Uber and Lyft, the two largest ride-sharing companies in the U.S., are threatening to end service in Minneapolis-St. Paul due to a city council decision to mandate minimum wage for drivers.
Ride-share companies Uber and Lyft are threatening to pull out of Minnesota's largest city in response to legislation regulating a minimum wage for drivers. The competing companies both intend to leave the Twin Cities at the beginning of May after the city council voted to mandate a minimum wage for drivers on Thursday, according to local outlet Fox 9.
The hijacked a state process that proposed real solutions and is in the process of analyzing data to inform a workable earnings standard," the ride-share company's statement to Minneapolis officials reads. "The state’s task force made a series of recommendations that should be legislated and collected real data to come up with an appropriate minimum earnings standard." Uber says it will exit the market on May 1 if the council's mandate is not modified or revoked.
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