Mexico City officials have announced that they will prosecute anyone that offers private transportation services without the proper government concessions. Should it be confirmed, the announcement (product of a deal between city authorities and Taxi drivers lobby groups) would force private cab-hailing services such as Uber and Cabify to stop operating in Mexico City.
Representatives of over 1300 registered taxi drivers negotiated with transit, public safety and other officials in order to secure the tougher rules, and to drive back a plan that would have granted Uber a new Taxi-like concession, allowing Uber drivers to operate as independents.
Authorities also announced they will begin busting any Uber users who offer these unregulated services, enforced by police and INVEA agents.
Full content: Forbes
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI