MEMPHIS, Tenn. — Memphis has put the brakes on popular ride-sharing
services, saying the businesses don’t have proper permits to operate.
A cease-and-desist notice was sent out to companies like Uber and Lyft.
As easy as just using a smart phone app, the services allow people to get
rides from private drivers and pay them for the lift.
In Memphis, it’s become more popular than taking a taxi because it’s often a
lot cheaper.
Lyft tells us it hopes to work things out with city leaders so it can resume
service in Memphis.
It's called a free market and it lowers prices and that's a good thing. Why does the City of Memphis want to hurt hard-working citizens looking for cheaper prices?