Lyft files lawsuit to block San Francisco from allowing other bike sharing companies

Ride-sharing company Lyft, which entered the San Francisco Bay Area bike-share market last year has reportedly filed a lawsuit to block the city from granting bike share permits to other companies.

According to Cnet, the lawsuit is asking for a temporary restraining order against the city and county of San Francisco, prohibiting the city from issuing permits to other companies which would jeopardise its exclusive rights to operate a bike-share program in the area.

The company spokesperson said that the city must honour its 10-year contract with the San Franciso Municipal Transportation Agency under which it has exclusivity in providing bike-sharing services in the area.