Uber Keeps Pace With Lyft, Makes Deal With Regulators
eHailing app Uber has reached an agreement with the Californio Public Utilities Commission, avoiding the $20,000 fine and cease-and-desist action levied against it in late 2012.
"The agreement states that ride-sharing — or rides provided by drivers not specifically licensed to drive a limousine or taxi — is legal too," Uber said in a statement. "This paves the way for Uber to begin offering ride-sharing services in California in the near future."
The news comes just one day after Lyft made a similar deal with the CPUC before expanding to Los Angeles.