City council passes ride share ordinance

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Despite objections from cab drivers and owners, Chicago’s city council approved a measure today regulating the ride-share industry.

Among the new rules, ride-share drivers are required to get chauffeur’s licenses. There will also be caps on “surge-pricing” during peak demand. Ride-share companies will be required to purchase one million dollars in commercial auto liability insurance.

Taxi companies argue the new rules don’t go far enough.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s