SIOUX FALLS, S.D. - Lyft launched in Sioux Falls in October.
Since then, eight taxi companies have decided to not renew their license with the city.
Councilor Greg Neitzert wants to level the playing field for cab companies by getting rid of some of regulations that could set them back when they're trying to compete with ride sharing giants like Lyft.
He wants to take a look at revisiting the fixed fees cabs can charge and at what insurance the cab companies have to carry.
“It needs to be a level playing field and so I think we need to evaluate and make sure that's the case. If you have one arm tied behind your back and you go out of business that is not capitalism,” Neitzert said.
Neitzert says some of these changes could come as new ordinances.
He says he wants to keep working on this issue over the next few months to find the right solution for Sioux Falls.