Rideshare Giants Uber and Lyft Threaten to Leave Minneapolis Over Proposed Ordinance

Uber and Lyft have threatened to cease operations in Minneapolis starting in 2024 if the City Council approves a proposed ordinance that would grant rideshare drivers higher wages and more rights. The ordinance would guarantee drivers a minimum compensation and additional safety features. Lyft argues that the ordinance would make rider fares too high and reduce driver earnings, while Uber claims it could be forced out of Minneapolis. Supporters of the ordinance need nine council members to vote for it to avoid a possible veto by Mayor Jacob Frey.