The Supreme Court of the State of New York has annulled a regulation that would have required “For Hire Vehicle Bases” (such as Uber and Lyft) to limit the time drivers on their platforms spent “cruising” (without a passenger in the vehicle) to 31 percent of total driving time in lower Manhattan. The court ruled that the cruising cap was without sound basis in reason and imposed without regards to the facts.
Antitrust implications of the build vs. buy playbook in the AI era
The rapid growth of artificial intelligence (AI) makes the build-versus-buy question particularly important. AI markets are evolving quickly, and firms must...