Honolulu leaders approve 1st ride-hailing price cap in US

Uber driver Joshua Oh drives in Honolulu on Wednesday, June 6, 2018. Honolulu’s city council is scheduled to vote on a bill that won’t allow ride-hailing services to impose so-called “surge pricing” on riders if the fee is higher than a maximum amount set by the city. The bill says the city would set a maximum fare private transportation companies may charge. That would prevent surge prices that are higher than the city-set limit. (AP Photo/Jennifer Sinco Kelleher)

HONOLULU — Honolulu leaders approved a measure Wednesday to limit prices that ride-hailing services like Uber and Lyft can charge during peak demand, a cap that the companies say would be the first restriction of its kind in the United States.