In a ruling by Transport for London today the ride-sharing app Uber will not be granted a new licence to operate in the capital. The basis for the decision was concerns around passenger safety although Uber will be allowed to operate in the meantime. Nonetheless share prices still opened 82¢ down after the weekend as the company comes under more pressure from regulators and rival firms.
How Big Tech Changes the Legal Landscape
How Big Tech Changes the Legal Landscape
How Big Tech Changes the Legal Landscape
In a ruling by Transport for London today the ride-sharing app Uber will not be granted a new licence to operate in the capital. The basis for the decision was concerns around passenger safety although Uber will be allowed to operate in the meantime. Nonetheless share prices still opened 82¢ down after the weekend as the company comes under more pressure from regulators and rival firms.