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SEARCHThe cap on surge pricing would have been the first such law in the country.
People who opposed the legislation argued that it’s unnecessary, since riders see the price of the trip before they request a ride.
Photo via Magnus Bråth/Flickr.
Honolulu Mayor Kirk Caldwell has vetoed a bill that would have would have set a limit on how much ride-hailing companies can increase their prices during peak hours, West Hawaii Today reports.
The bill would have prevented groups such as Uber and Lyft from raising the cost of rides during times of high demand, known as “surge pricing.” People who opposed the legislation argued that it’s unnecessary, since riders see the price of the trip before they request a ride.
The Honolulu City Council, which originally passed the legislation 6-3 earlier this month, can override Caldwell’s veto. The cap on surge pricing would have been the first such law in the country.
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