DC's Gift to Uber and Lyft
Charles Hughes, E21
Some policymakers are increasingly concerned about the concentration of power in a small number of companies, leading to calls for more expansive antitrust policy or stricter regulations across a range of industries. However, government policies create barriers to entry that lead to the market concentration that fuels their consternation. The most recent example is in Washington D.C., where Mayor Bowser's office recently said that ride-hailing company Via had 90 days to broaden its coverage areas to comply with a District law. Read more here....