As new mobile apps for transportation, like Uber, emerge on the market, reports say Germany’s competition authorities are keeping a close eye on the industry and the effects of such apps.
Reports say Germany’s Federal Cartel Office issued a statement arguing that the arrival of such new businesses should boost competition within the industry, but not give disadvantages to traditional taxi services. Uber has been banned from two German courts on grounds the app did not comply with German laws on transport of passengers.
But competition chief Andreas Mundt said that companies like Uber do not have to be detrimental to the market. “More competition would not harm the taxi market,” he said. “The impetus from Uber should be used to arrive at a more liberal interpretation of existing rules.”
Uber has appealed the bans, say reports. The company is facing regulatory scrutiny for competition issues in several jurisdictions across the globe.
Full content: GMA Network
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Court Order Temporarily Halts U.S. Consumer Financial Protection Bureau Layoffs
Feb 16, 2025 by
CPI
Nokia Poised to Gain EU Approval for $2.3 Billion Infinera Acquisition
Feb 16, 2025 by
CPI
Turkey Fines Frito-Lay in Antitrust Crackdown
Feb 16, 2025 by
CPI
Advances Bill to Strengthen Antitrust Enforcement Through AI
Feb 16, 2025 by
CPI
Intel Faces Potential Breakup as Broadcom and TSMC Explore Deals
Feb 16, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon