Uber Technologies Inc. will cap prices for rides in South Florida through the coming days as locals seek refuge from Hurricane Irma, abiding by price gouging laws despite the platform’s “surge pricing” model.
The cost of an Uber ride typically fluctuates based on the ratio of drivers to passengers at a given time.
In the wee hours of 2016, for example, the commotion of New Year’s Eve jacked up prices on the Uber platform almost 10 times higher than usual for some South Floridians.
Uber…