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CPUC issues first operating permit for ridesharing company

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by Bay City News Summon, one of several companies in the burgeoning ridesharing industry in the state, was the first to be issued an operating permit by the California Public Utilities Commission, CPUC officials said. The San Francisco-based company, formerly known as InstantCab, was issued the permit under new public safety rules the CPUC issued last September under a category the commission calls transportation network companies (TNC).…

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