U.S. Senator Mike Lee (R-UT) has questioned rideshare giants Uber and Lyft following reports regarding their pricing practices.
As Chairman of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Senator Lee raised antitrust concerns related to the companies' operations.
The questioning addressed several areas of concern within the rideshare industry. Senator Lee inquired about market power and concentration, as well as transparency practices and information sharing.
Additionally, the inquiry covered topics including driver compensation and the pricing of rides.
