BY WILLIAM CRUM, Staff WriterOklahoma City’s Traffic and Transportation Commission on Monday approved new regulations for Uber, Lyft and other app-based ride services. The vote was 7-0. The proposed update of the city’s “vehicle-for-hire” ordinances now goes to the city council, where it will be reviewed at least three times before changes are made. Uber moved into Oklahoma City with its uberX service last fall, and Lyft arrived in the spring. The services contract with individuals, who agree to use their private vehicles to give rides, much like taxis. Riders arrange the rides and pay with a smartphone app; in Uber’s case, it retains a percentage of the fare. The services are part of the growing, Internet-centric “sharing economy” that includes apps for arranging overnight stays in private homes and finding parking when spaces are tight. Highly regulated traditional taxi and limousine companies have said it’s only fair for the city to regulate the app-based services.Read more on NewsOK.com

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