Uber is now banned in Italy for unfair competition
While Uber is fighting Waymo at home, the American company is also having issues abroad. As Reuters reported, an Italian court has ordered Uber to stop all activities in all of Italy. The court says Uber represents unfair competition for taxi drivers.
In particular, the court in Rome says that Uber is a transportation company but doesn’t respect transportation laws — rates aren’t set by the transportation authority. That was the main contention point for traditional taxi associations as they can’t compete with Uber on price.
Uber has 10 days to shut down all its activities and can’t run any advertising campaign. After that, the company will have to pay €10,000 per day if the company still operates (€3.65 million per year). As of today, you can still order an Uber ride in Italy.
Uber told La Repubblica that it will appeal the decision. The company said that the transportation law is outdated and doesn’t benefit Italian users.
Nelia Nashville, Senior Content Editor at .com and Writer of many eBooks on Tech Startups Launch and Tips on How To Get Funded For New Startups. Views and Comments Totally mine. For corrections or re-publication of articles that are not mine, please follow the links under the content for links to owners.
March 14, 2017
March 4, 2017
February 17, 2017
March 24, 2017
February 10, 2017
February 28, 2017
There are , but you can be first to comment this article.
Find Jobs In USA
News Blog (120)