UBER AND LYFT PULL OUT OF AUSTIN, PREPARE FOR CAPITOL Meanwhile, in Austin: Uber and Lyft ceased operations today after a city proposition to overturn requirements for drivers including fingerprint-based background checks was shot down by voters over the weekend. The measure was blocked by 56 percent of the vote, despite $8.6 million in campaign spending by the 2 rideshare companies. State senator Charles Schwertner immediately promised to file state legislation to overturn the matter during next year’s session, implying that the Austin rules (which are less stringent than those required by Houston) are “for the sole purpose of stifling innovation and eliminating competition.†El Paso state representative Joe Pickett, however, suggested that “the most minimal thing that state government could do” would be to leave the issue up to individual cities. [Austin-American Statesman; previously on Swamplot]
pretty dumb move to hand that entire market over to competitors like getme.