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Report Suggests Uber and Lyft Can Pay Drivers More Without Raising Rider Rates

Published on Dec 11, 2020 at 7:36 am in News.

On December 8, economists released a report that says the policy that raised driver pay in New York City in 2018 did not significantly increase fares for riders.

When regulators initially suggested implementing the pay rules, Uber and Lyft claim such a move would lead to higher than necessary fare increases for riders. The report, titled New York City’s Gig Driver Pay Standard: Effects on Drivers, Passengers, and Companies, tells a different story.