Lyft Hits a Road­block

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Lo­cal reg­u­la­tors de­clared Lyft, a popular rideshar­ing ser­vice based in San Fran­cisco, unau­tho­rized in New York City just days be­fore its launch in the Big Ap­ple. The city's Taxi and Limou­sine Com­mis­sion warned driv­ers and pas­sen­gers that the Lyft ser­vice was il­le­gal, and that par­tic­i­pat­ing driv­ers could face se­ri­ous fines. How­ever, Lyft re­mained un­daunted, claim­ing that the li­cens­ing rules don't ap­ply to its busi­ness model and that it is still mov­ing for­ward with its ex­pan­sion plans.

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