A PYMNTS Company

Mexico: Rules, fee for ride-sharing apps set

By  |  July 16, 2015

Mexico City’s government imposed regulations on Wednesday for ride-booking applications such as Uber and Cabify, requiring them to get permits to operate and pay a fee following an uproar from taxi drivers.

Uber welcomed the move but the capital’s taxi drivers association said it fell well short of their demands to end what they see as an unfair competitive advantage for apps.

The rules published in the government’s official journal say that app operators will have to contribute 1.5 percent from each ride to a special fund to improve taxi service in the mega-capital.

The regulation sets conditions for the type of cars that can be part of an app’s fleet: they must be worth at least 200,000 pesos and have four doors, air conditioning, working seatbelts and airbags.

Full content: International Business Times

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