The US Supreme Court on Monday dealt the struggling Chicago cab industry a final low, reports the Chicago Tribune.
The Court declined to take up the Chicago taxicab industry’s challenge to the city’s ordinances governing ride-hailing platforms such as Uber and Lyft, ending more than three years of litigation over regulations that the cab companies said unfairly favored the apps. By refusing to hear the taxi industry’s appeal, the nation’s highest court let stand a federal appeals court ruling from last fall that snuffed out any appeal attempt.
The appeals court ruling essentially said that the business models between taxis and ride-hailing services are different and, therefore, they can continue to operate under different sets of rules in Chicago.
That decision validated a 2014 City Council ordinance that let Uber and Lyft operate in the city without taxi medallions, city-regulated fares, fingerprinting or other standards cab companies and their drivers must follow.
Full Content: Chicago Sun Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.