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Uber Discovers What Happens to Consumers if Surge Pricing Is Regulated

A technical glitch during New Year’s Eve turned out to be an information treasure trove for Uber. Last New Year’s Eve in NYC, the surge pricing algorithms failed and didn’t allow Uber to incentivize more drivers to get on the road with higher pay, just as partygoers rushed to call drivers; only 1 in 4 of users who wanted a driver actually got one.

REUTERS/ROBERT GALBRAITH

OC’s John Wayne Airport Poised To Be One Of America’s Most Uber-Friendly

The all-Republican Board of Supervisors of Orange County in California is poised next Tuesday to adopt one of the nation’s most aggressive and enlightened policies to open the doors for all passengers flying in and out of John Wayne International Airport to be able to arrive and leave the airport easily via ride-sharing companies such as Uber, Lyft and Sidekick.

Uber (Reuters)