Uber's London fleets have until the next week to screech to a halt. The transport regulator has revoked Uber's operating license - deciding that Uber is "not fit and proper in public safety and security.
Transport for London (TfL) has announced it will not renew Uber's private hire operator license. TfL cites Uber's lack of corporate responsibility for the decision. Uber will appeal the decision.
Uber can be regulated as a taxi service and not as a digital app following a European Court of Justice decision. Traditional taxi firms, whose drivers have protested in dozens of cities, have welcomed the ruling.
Jo Bertram, the head of Uber's northern Europe operations, has decided to leave as the ride-sharing company tries to negotiate a new license in London. Uber's chief executive is to meet with Transport for London.
Uber has booked massive full-year losses, a technology site has reported. The company is struggling to recover from a series of scandals, as well as increased regulation by state and municipal authorities.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version