Uber and Lyft Are Threatening to Leave This Major City

They’re slamming proposed regulations in Chicago. Proposed regulations could drive Uber and Lyft out of America’s third largest city. The ride-sharing giants warned Chicago’s City Council during testimony this week that proposed regulations requiring their drivers to obtain a chauffeur’s license are too cumbersome. The companies recently made good on a threat to abandon the Austin, Texas market after losing a similar licensing and regulation battle there.

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