Meera Joshi, former head of the New York City Taxi and Limousine Commission, told CNBC on Monday that she predicts more cities are going to adopt TLC's rules on ride-hailing companies.
, these working drivers cannot drive without passengers for more than 36% of the time while in Manhattan below 96th Street, according to the TLC. The council said this threshold will drop to 31% on Aug. 1 of next year.
Joshi said the extension of the cap will "ensure that [ride-hailing cars] are constantly being used so the whole ecosystem is profiting including the drivers and there's a constant circulation of the cars." The former head of the TLC also added that the council's approaches "are very aligned with the underlying goals of the companies."
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