A PYMNTS Company

Germany: Court places nationwide ban on Uber

By  |  March 18, 2015

A German court on Wednesday banned Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport laws by the pioneering online taxi firm.

Uber, worth an estimated $40 billion making it the world’s most valuable venture-backed start-up, has set out to revolutionise local transport services worldwide, from taxis to carpools to fast-food delivery.

The latest case, brought in the Frankfurt regional court by German taxi operator group Taxi Deutschland against UberPOP, is one of more than a dozen lawsuits filed in countries across Europe in recent months against the San Francisco-based company.

“What does is mean for the 255,000 taxi drivers and employees in 700 radio taxi control centres? It means legal certainty, 255,000 real jobs and taxpayers will remain in Germany,” Schlenker said following the ruling.

 

Full Content: The New York Times

 

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