State regulators have rejected a motion by ride-sharing service Lyft for a stay on a pending cease and desist order against the company.
The Albuquerque Journal reported that the New Mexico Public Regulation Commission unanimously declined Wednesday to issue a stay. However, commissioners approved a hearing on Lyft claims that the PRC lacks jurisdiction.
The commission ordered the San Francisco-based Lyft in May to cease operations in Albuquerque, where the company launched its mobile device-based service last April.
Lyft spokeswoman Chelsea Wilson says the company wants to find a solution with the commission.
Unlike traditional taxi businesses, Lyft and Uber use smart-phone programs to connect people seeking rides with people who have cars.
A hearing on whether the New Mexico Motor Carrier Act cover ride-sharing is scheduled Aug. 6.
Topics Sharing Economy Ridesharing
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup
US Supreme Court Rejects Trump’s Global Tariffs 

