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July 23, 2015

New York City Backs Down on Bid to Curb Uber's Expansion 
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New York City has backed down on plans to curb the rapid expansion of
the Wall Street-backed ride-sharing firm Uber. The City Council has
dropped a measure to cap the number of Uber vehicles while the city
studies Uber's impact. Uber had pushed back with a stable of lobbyists
and former government officials. Now the administration of Mayor Bill de
Blasio has backed down, dropping the vehicle cap, for now.

 

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