Regulations Are Driving Up Ride-Sharing Prices in Washington, D.C.
Washington, D.C., was once one of the most ride-sharing-friendly cities in America. Nowadays, the city fines Empower—a peer-to-peer alternative to Uber and Lyft—tens of thousands of dollars per day for refusing to register with the Department of For-Hire Vehicles (DFHV) as a private for-hire vehicle company. The D.C. Council should consider the benefits of market competition and reevaluate whether penalizing market entrants truly serves the best interest of its constituents. Empower’s platform allows independent drivers to set their […]