U.S. Senator Mike Lee (R-UT) questioned rideshare giants Uber and Lyft with antitrust concerns following recent reports regarding their pricing. Senator Lee, who serves as Chairman of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, questioned the companies on market power and concentration in the rideshare industry, transparency practices, information sharing, driver compensation, and the pricing of rides. In part, Senator Lee wrote: “As Chairman of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, I take seriously Congress’s responsibility […]
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