New York City mayor backs down from Uber fight, agrees not to cap growth

This morning I wrote a story arguing that New York City government was doing the right thing by trying to limit the growth of Uber's massive vehicle fleet. The mayor and many on the City Council wanted time to study the industry's impact on congestion, among other things, before allowing it to continue its explosive expansion. But Uber is a heavyweight political machine, and after several days of attack ads, lobbying, and even a celebrity campaign, New York City Mayor Bill deBlasio has...

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