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Spain: Madrid targets Uber’s new service

By  |  July 23, 2017

Authorities in Madrid asked Spain’s regulator, the CNMC, to probe Uber’s new low-cost airport service and whether it is a form of unfair competition.

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    Last year, the CNMC asked the government to remove the ban on Uber’s services. After returning, Uber recently offered rides from the airport to Madrid’s city center at a greatly reduced rate. Standard taxi rates for the trip are €30 (US$35) and Uber is offering the same service at a rate of only €15-€29 (US$17.5-$33.80).

    Madrid’s city hall claims that “(Uber’s) tariffs may violate several articles of the Law of Unfair Competition and consumer rights if they are below the cost of providing the service.”

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