Ridesharing Price Cuts

Ridesharing Price Cuts

In this Thursday, Feb. 27, 2014 file photo, New York City taxis drive through New York’s Times Square. The car-hailing service Uber is taking on New York City’s taxis, temporarily dropping some of its prices by 20 percent starting Monday, July 7, 2014. (AP Photo/Richard Drew)

FILE – In this Thursday, Feb. 27, 2014 file photo, New York City taxis drive through New York’s Times Square. The car-hailing service Uber is taking on New York City’s taxis, temporarily dropping some of its prices by 20 percent starting Monday, July 7, 2014. (AP Photo/Richard Drew)

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