Despite Ban, Lyft Moves Forward With NYC Launch

We have Lyft off! Well, sort of.

In a move as bold as its signature pink mustaches, Lyft says it is moving forward with its New York City launch despite threats from taxi regulators. The San Francisco-based startup allows users to hail rides from car services through its app. The problem is that neither the cars nor their owners are regulated by the NYC Taxi and Limousine Commission--and it's a problem that could come with hefty penalties for Lyft's drivers.

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