Lyft just upped the ante in its battle against Uber by taking aim at surge pricing
Briefly

Lyft introduces Price Lock to counter surge pricing, capping prices per route and time for daily commuters at less than $5 monthly, aims to reduce frequency of surge pricing and enhance customer choice.
Primetime (surge pricing) is Lyft's 'most hated feature,' acknowledging a need for improvement. Proposal to 'open up a can of whoop-ass on Primetime' through the new feature, giving riders a reason to favor Lyft over Uber.
Read at Business Insider
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