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

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Ride-sharing company Lyft, which entered the 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 said that the city must honour its 10-year contract with the under which it has exclusivity in providing in the area.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 08 2019. 20:33 IST