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Rideshare bill should avoid over-regulation, CADE chief economist tells senators

By Ana Paula Candil ( September 21, 2017, 21:54 GMT | Insight) -- A draft bill to regulate Uber and other rideshare services in Brazil should have rules proportional to the market's issues to avoid reducing customers' options due to price increases and barriers to entry, the Brazilian antitrust authority's economics department chief told lawmakers. Guilherme Resende said the bill should focus on service quality and safety, not on limiting the number of vehicles or defining ride prices.A draft bill to regulate Uber and other rideshare services in Brazil should have rules proportional to the market's issues to avoid reducing customers' options due to price increases and barriers to entry, the Brazilian antitrust authority's economics department chief told lawmakers....

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