Colombia’s government has made official a modification to the Special Transport Services regulations, creating five available types of transport contracts for students, business, tourists, special uses and health services. The changes also establish new terms on the licensing and operation of these services.
One major change in the law prohibits any privately-owned vehicles to be used for these services, in a move that directly affects American ride-sharing company Uber (in its popular Uber X service) and Spanish competitor Cabify.
The Ministry of Transport further points out that any vehicles used for these Special Services must be linked to a duly registered and licensed company, as well as complying with particular requirements such as license plates, colors, and other characteristics defined in the new law. This restriction would further exclude Uber and Cabify, which are still considered to be operating in a legal ‘gray area’. Both companies have expressed their wish to clarify their legal and tax situation.
Full Content: Dinero
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
European Music Streaming Firms Rally Against Apple’s Proposed Remedies
May 9, 2024 by
CPI
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI