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Uber founder strikes back at D.C. proposed rules for car service

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The founder of a popular town car service said imposing price regulations on his company would be tantamount to an act of socialism during his at-times agitated testimony before a D.C. Council committee Monday. When asked by Ward 3 Councilwoman Mary Cheh why Uber increased its price when demand was highest on the weekends, CEO Travis Kalanick said the supply otherwise could not meet the demand....

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