Uber drivers say rideshare surge pricing backfired on New Year’s Eve | Transportation | San Francisco | San Francisco Examiner: "But Bay Area drivers made much less, and vented frustrations by the hundreds in social media forums.
"I worked ten hours for NYE in San Francisco. I could have made more last weekend during a normal Saturday night," one commenter on Reddit's UberDrivers forum wrote. "Uber has left me financially devastated trying to work with them."
"There should be some regulation on the numbers of drivers you allow to Lyft," another commenter wrote. "Otherwise it may seem that you are taking advantage of the fact that we are not paid salaries, and you reap the benefits regardless if it effects us."
Regulations don't limit the number of cars Uber or Lyft can allow on the road. They only limit the amount of traditional taxis.
"When there is oversupply, as we see with [Uber and Lyft], more and more drivers are competing for the same number of riders," Trevor Johnson, a cab driver and former taxi official, told The Examiner.
Among other reasons, government regulates the number of cabs, he said, "to ensure living wages for all drivers.""
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