Uber Technologies paved the way to receive a multi-billion-dollar investment led by SoftBank Group, after co-founder and ex-CEO Travis Kalanick reached a deal with Benchmark over board seats. According to a news report in The Wall Street Journal, the deal, which was confirmed by Uber, puts on hold a lawsuit Benchmark had lodged against Kalanick. […]
The Federal Trade Commission (FTC) is siding with Uber Technologies in a fight to block a Seattle law that would allow ride-hailing drivers to collectively bargain. In an amicus brief, the FTC and the US Justice Department told the US Court of Appeals for the Ninth Circuit that a federal trial judge’s ruling that upheld […]
During a heated Senate debate concerning a transit bill that would introduce regulations for car booking apps used in Brazil, an Uber spokesperson was struck in the face as the attacker shouted, “This is because Uber is destroying the lives of taxi drivers.” The regulation was ultimately sent back to the lower chamber, where Carlos […]
The Uber’s new chief, Dara Khosrowshahi, has successfully convinced Brazilian officials to get rid of the strictest rules in the country’s proposed legislation for ride-hailing services. Brazil originally wanted to require Uber drivers to apply for licenses with local municipalities to be able to use red number plates meant for public transport vehicles in country. […]
Uber said it would open up its trove of travel data in Paris to the public to help city officials and urban planners better understand transportation needs, as the company seeks to woo national authorities. The US ride-hailing app collects huge amounts of data from the billions of trips taken by customers which it uses […]
An Indian taxi company has stepped up its legal challenge against local competitor Ola and US rival Uber, alleging that the firms are abusing their market position, and believes that planned investments in both by Japan’s SoftBank underscore its view. The head of India’s Meru Cabs said the company has filed four new complaints with […]
Posted by Social Science Research Network Uber: A New Challenge for Regulation and Competition Law? By Margherita Colangelo (University of Rome III) & Mariateresa Maggiolino (Bocconi University) Abstract: The rise of new software platforms presents regulators and antitrust agencies all over the world with a challenge. Should regulations adapt to the new services of the […]
Lyft, Uber’s closest US rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past year, a sign it may be targeting the city for international expansion. Transport for London (TfL), which oversees taxi and private hire car operators, published details of the meetings with Lyft executives in response to […]
The Ninth Circuit Court of Appeals on Friday afternoon, September 8, issued an order to block the law until an appeal from the US Chamber of Commerce can be completed. US District Judge Robert Lasnik dismissed the chamber’s lawsuit last month, for the second time, but the chamber quickly appealed. “We believe the Court made […]
Uber rival Taxify has temporarily halted operations in London, the company said on Friday, September 8, after local regulator Transport for London said the new market entrant had failed to obtain a proper operating licence. The Estonian taxi-hailing start-up, which is active in 25 cities in central and eastern Europe and Africa, this week launched […]