Ride-hailing companies Uber, Lyft won't testify before Congress - report
Reuters
Published Oct 16, 2019 12:29
Ride-hailing companies Uber, Lyft won't testify before Congress - report
WASHINGTON (Reuters) - Uber Technologies Inc (N:UBER) and Lyft Inc (O:LYFT) have declined to appear at a U.S. House of Representatives hearing on Wednesday on issues relating to the ride-hailing industry, the Washington Post reported, citing company and congressional sources.
The two ride-hailing companies had been asked to appear as part of a House Transportation and Infrastructure Committee inquiry on safety and labour practices as lawmakers seek to prepare legislation that will impact the industry.
The head of the panel, U.S. Representative Peter DeFazio, urged the companies' chief executives in a letter this week to participate in the inquiry even as Uber and Lyft directed lawmakers to third-party industry associations.
Uber on Monday confirmed it had received DeFazio's request, while Lyft did not respond to a request for comment. The companies could not be immediately reached on Wednesday.
DeFazio, a Democrat, in prepared remarked reviewed by the Post, criticized the companies on a range of issues from emissions and urban congestion, to how they handle reported sexual assaults and dangerous drivers, according to the report.
"They are going to have to clean up their acts," he said.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.