Here’s Why Uber Is Tripling Prices During A State Of Emergency

Uber announced Monday that it won’t charge riders more than about three times its normal fare during “Winter Storm Juno,” the blizzard hitting the Northeast.

In an email to customers, the car service said that it would cap its surge pricing at 2.8 times its usual rate. Currently, this rate applies only to New York City and is subject to change as the storm moves.

Lyft, a competing service, said in an email Monday that it would cap surge pricing at two times the normal rate, the company’s standard policy.

The Huffington Post