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It is good to see that Gov. Tim Walz and legislative leaders are attempting to resolve the issues raised by rideshare companies threatening to leave Minneapolis. Beyond retaining their services, I see two goals that need to be pursued in the broader public interest.
First, a solution should be sought that reinstates real competition, not just including Uber and Lyft but also making it possible for the fixed-rate-and-mileage traditional cabs to come back. A monopoly only for the newer rideshare enterprises is not in the broader community interest.
Secondly, whatever agreement is reached should put reasonable restraints on rideshare companies’ pricing. A recent Star Tribune article (”What to watch as the face-off looms,” March 24) reports that only 14 traditional taxi cabs are currently licensed in the city of Minneapolis, population about 430,000. There can be little argument that this constitutes a monopoly. And this monopoly has a huge downside for us residents.
To illustrate: In the last month or so, on a frigid and early evening, without my car, I needed to get from downtown St. Paul to a spot across the river. With no cabs in sight, I checked Uber availability. I was astounded to find that among the eight or 10 drivers cruising nearby, the lowest fare on offer was $76. What? I checked my map app and the distance was a half mile. For $76?! There was next to no traffic, no reason that the ride would take more than five minutes or so. Pure and simple, this is predatory pricing. I pulled on my stocking cap and walked, thank you. Anyone whose condition meant they could not have hiked the short distance would have been hugely exploited.
An agreement needs to prevent the rideshare services from engaging in robber baron-era pricing. Thriving taxis of the old-fashioned variety — true competition — would certainly help. And perhaps upper restraints on pricing by rideshare also would ensure that the broader community interest is served.
Michael O’Keefe, Minneapolis