Money | A lawsuit may harm one company, but the ride-sharing concept isn’t going away
by David Skeel
Posted 8/21/15, 01:00 am
If you own a smartphone, you probably know that Uber, like its competitor Lyft, is a ride-hailing company that has upended the taxi industry. Consumers love Uber; interest groups don’t: New York City Mayor Bill de Blasio recently threatened to crack down on Uber, and the French taxi industry protested Uber by shutting down Paris with a massive strike. Uber now faces multiple lawsuits in the United States.