viewUber Technologies Inc

Uber can be regulated as a cab firm, rules EU court

An EU court has ruled its a taxi company rather than a tech firm.

Hailing a cab? Well yes...actually

What is Uber has been a question probably asked by many in recent years.

Well now, in the latest twist in the private firm's chequered history,  an EU court has ruled it's a taxi company rather than a tech firm.


That means it can now be regulated as a transport firm, meaning its rules can be set country-by-country.

Meanwhile, rules for digital platforms from tech firms are set Europe-wide.

The EU ruling comes on the same day Uber returns to court to outline an appeal against its London licence being refused to be renewed three months ago by Transport for London.

TfL said Uber was "not fit and proper" to hold  a London licence.

READ: Uber suffers another regulatory setback from a UK city, as York rejects new licence application

An Uber spokesperson was quoted as saying today: "This ruling will not change things in most EU countries where we already operate under transportation law…

"It is appropriate to regulate services such as Uber and so we will continue the dialogue with cities across Europe."

Quick facts: Uber Technologies Inc

Price: 30.93 USD

Market: NYSE
Market Cap: $53.63 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Australis acquisition of Passport Technology offers roadmap to generating...

Australis Capital (CSE: AUSA-OTC: AUSAF) CEO Cleve Tzung joined Steve Darling from Proactive to discuss the company’s recent transaction to acquire Passport Technology. Tzung discusses how the deal came about and what Passport immediately provides Australis. Tzung also told Proactive if they...

7 hours, 31 minutes ago

2 min read