With the Northeast bracing for winter storm Juno, which is expected to wreak havoc on commuters and dump up tothree feet of snow across parts of the region, many Americans will inevitably rely on ride-sharing services like Uber and Lyft. And just like during previous natural disasters, surge-pricing is expected to kick in -- and with it, criticism of the app-based companies is expected to spike.
The good news: What critics call "price gouging" might not be as extreme as in the past — at least not everywhere. Over the summer, Uber agreed to cap fares in New York whenever a state of emergency is declared, which New York's Gov. Andrew Cuomo did early Monday. Thus, Uber will not be allowed to charge more than the fourth-highest price range in the area on non-emergency days over the past 60 days. (In addition, a portion of the total fare during such emergencies will be donated to the American Red Cross’ disaster relief efforts.)