This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEF9D1O5_L.jpgWASHINGTON (Reuters) – The chairman of the U.S. House of Representatives’ Transportation and Infrastructure Committee “strongly urged” Uber Technologies Inc (N:) and Lyft Inc (O:) to participate in a hearing set for Wednesday on issues facing the ride hailing industry.
In letters to the companies’ chief executives, Representative Peter DeFazio said both companies had declined to participate at the hearing.
DeFazio said he intended “to pursue legislative solutions to address numerous issues plaguing the ride hailing industry, many of which will be raised at this hearing. … If you do not send a representative to testify at the hearing, you leave the committee little choice but to make these policy decisions without your input.”
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.