Big loss for Uber, Lyft in Austin, TX, referendum on ride-sharing rules

taxiUber and Lyft are threatening to shut down services in Austin, Texas, this morning in the wake of a punishing referendum loss that saw overwhelming public support for regulation of ride-sharing, especially strong criminal record check rules.

Despite being outspent by Uber by massive margins, a community and labour-backed coalition won broad support for a package of measures already endorsed by city council.

The Austin rules for ride-sharing sound like what a lot of municipalities think make sense in the face of this new technology. If so, why are the big suppliers threatening to pack up and leave? It will be interesting to see what happens next.

Meanwhile, here in BC, Transportation Minister Peter Fassbender is continuing discussions that seem likely to continue until after the next provincial election.