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UBER DECRIES RIDE-HAILING PRICE CAP PASSED IN HONOLULU

Honolulu leaders approved a measure Wednesday to limit prices that ride-hailing services like Uber and Lyft can charge during peak demand, a cap that the companies say would be the first restriction of its kind in the United States.

The measure would prevent “surge pricing” if increased rates are higher than the maximum fare set by the city. Honolulu attorneys will review the measure

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