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Briefing
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- Uber as Transport Company – European Union Court of Justice, Europe’s highest court, ruled Uber to be transport business rather than digital platform linking drivers to riders
- Stricter Regulation – Compels company to comply with stricter regulations required for taxis and other transport firms, including licensing and other requirements, which could affect expansion in new European markets
- Complainant Group – Complaint came from taxi group in Spain, claiming Uber does not comply with same rules as taxis to operate in city
- No Effect on Status Quo – Uber claimed ruling will not change things in most EU countries where it already operates under specific transportation laws
- Short-Term Rental Regulation – European Commission now looking to investigate and regulate short-term accommodation businesses, like Airbnb
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Accelerator
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Market Disruption
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Sector
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Information Technology, Transportation and Logistics
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Organization
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European Court of Justice, Uber Technologies Inc.
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Source
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Original Publication Date
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December 20, 2017
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