A PYMNTS Company

Spain: EU report on ride-sharing services slams Spanish regulation

 |  June 5, 2017

Uber, Cabify and similar platforms offering for-hire vehicles (VTC) operating in Spain received a significant boost from the European Commission (EC) last week. In a report entitled ‘Transport of passengers by taxi, rental vehicles with drivers and vehicles in the EU’, the EC concludes that the obstacles to the proper regulation of this form of transport affects prices and quality of service, with Spain being one of the countries that have the most barriers set up.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “Some Member States such as Spain have introduced quotas, geographical restrictions or a minimum of obligations. The main objective of these restrictions seems to be to reduce face-to-face competitive pressure with taxis and / or to create two different market segments, focusing on different types of users, “the report states

    The Commission’s report comes at a time when the conflict between taxi drivers and car-sharing services has exploded in Spain. Last Tuesday, thousands of taxi drivers demonstrated in the streets of Madrid. For its part, the National Commission of Markets and Competition (CNMC) has produced several reports in which it has spoken in favor of completely liberalizing the sector in order to break what it considers a near-monopoly currently held by Taxi companies.

    Full Content:La Razon

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