7th Circ. Sides With Ride Hailing Cos. In Regulatory Spat
By Matthew Guarnaccia (October 11, 2016, 2:32 PM EDT) -- The Seventh Circuit has found Chicago's separate regulations for the city's taxicab companies and ride-hailing services, including Uber Technologies Inc. and Lyft Inc., not to be prejudicial, saying that the entrance of new competitors into the market is not an unconstitutional taking of property of the Illinois Transportation Trade Association without compensation.
A three-judge panel in its Oct. 7 decision found that Chicago is within its rights to regulate cab and livery companies differently than transportation network providers, or TNPs, such as Uber and Lyft, and that the operation of TNPs in Chicago is not discriminatory and does not infringe any...
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