New York just capped the number of Uber, Lyft vehicles in the city

“New York just became the first US city to cap the number of ride-sharing vehicles and require Uber, Lyft, and other companies to pay drivers a minimum rate. Regulatory changes in New York City, Uber’s largest US market, could provide a model for other cities eager to rein in ridesharing firms that have increased congestion even as they’ve revolutionized transportation.”