A PYMNTS Company

Colombia: Record fine set against UBER

By  |  August 19, 2019
The Superintendence of Industry and Commerce of Colombia ratified a major fine against the local branch of Uber, for breaching the recommendations and orders imposed by the authority. Three individuals were also sanctioned for having collaborated with the obstruction of dawn raids carried out in 2017.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    During the visit, the SIC stated, the company sought to obstruct officials, in addition to pointing out that the delivery of minutes, statutes and other necessary documents was not made, since the company failed performed the necessary processes.

    The sanction also applied to three individuals who collaborated with the obstruction to the dawn raids. The persons are Natalia Patricia Caroprese ($14,906,000 pesos, USD$4,300) and Felipe Alberto Sandoval ($28,843,480, USD$8,300 approximately) who served as legal advisors to UBER Colombia, and Andrés Felipe Bedoya, who served as manager of the Uber offices at the time of the visit, who was fined $4,968,600 (approximately $ 1,444).
    Full Content: Colombia

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.