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Honestech VHS to DVD Deluxe 7.0 CrackUber vs. L.A. County: After L.A.’s First Round of On-Demand Taxi Applications, Battle for Space Heats Up
The on-demand cab companies are back with a vengeance and now the streets are packed.
On-demand taxi apps Uber and Lyft have set a new record for the city of Los Angeles: last week, these hailing companies hauled in more than $48 million in fares, which is a 300 percent increase over the same time last year.
City Atty. Mike Feuer announced Wednesday that from March 25 through April 7, 1.5 million rides were taken, the highest number ever and a more than 400 percent increase over the same period in 2013.
What all that means is that from last March 25, when the late-2012 regulations that paved the way for Uber and Lyft kicked in and capped the number of taxis, through April 7, when the new regulations took effect, more than 5.5 million rides were taken.
It was a record.
«We cannot overstate the economic impact on our local economy,» Feuer said in a statement. «The spending enabled by these companies has created more than 35,000 new jobs and helped drive a record $2.4 billion increase in the city’s tourism economy.»
The increases came despite opposition from cab drivers and a lawsuit by Mayor Eric Garcetti and Atty. Gen. Kamala Harris. The lawsuit, along with a second one brought by a group of cab owners in LA City and Alameda counties, was dismissed in Superior Court last year.
Garcetti and Harris continued to fight to keep regulations on Uber and Lyft in place, and on Wednesday the state’s top court agreed, ruling that the city and county of Los Angeles overreached in their 2016 move to change the rules for on-demand taxis from local medallion owners to larger and more competitive apps.
«The court’s decision affirms the fact that a successful, open and free market is a key part of Los Angeles’ economic success, and that it is the correct path forward for our city to allow for an orderly transition
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