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Market
Will Uber and Lyft continue operating in Minnesota by the end of 2024?
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Resolution / Starting Odds
Continued operation • 50%
Cease operation • 50%
Official statements from Uber and Lyft or news reports
Story
Minnesota Reaches Deal on Statewide Rideshare Legislation to Keep Uber and Lyft, Boost Driver Pay
May 19, 2024, 08:00 PM
DFL leaders in Minnesota have announced a deal to resolve the rideshare impasse, ensuring Uber and Lyft will continue operating in the state. The agreement, reached with Governor Tim Walz, will result in higher pay for many rideshare drivers under a new statewide rideshare legislation. This development comes after Uber and Lyft had planned to exit the state due to a Minneapolis ordinance. The pay raise plan has advanced in the state Legislature and has beaten the deadline for approval.
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Similar markets
Increase • 50%
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Uber gains more • 33%
Lyft gains more • 33%
No significant change • 34%
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Remain the same • 34%
Other states adopt similar legislation • 33%
Other states consider but do not adopt similar legislation • 33%
No similar legislation in other states • 33%
Profitability decreases • 33%
Profitability remains stable • 33%
Profitability increases • 33%
Increase in market share • 33%
Market share remains stable • 33%
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