Taxi Market : Watchdog urges more competition
Arrival of online transport company Uber should be used to boost competition in Germany’s taxi market
FRANKFURT:
The arrival of online transport company Uber should be used to boost competition in Germany’s taxi market, though regulators must make sure traditional services do not face disadvantages, the head of the country’s competition watchdog said. US group Uber, which allows users to summon taxi-like services on their smartphones, has faced regulatory scrutiny and court injunctions from its early days, even as it has expanded rapidly into roughly 150 cities around the world. Courts in Berlin and Hamburg last month upheld bans on the company, saying it did not comply with German laws on the carriage of passengers. “More competition would not harm the taxi market,” Andreas Mundt, president of the German cartel authority told the Rheinische Post newspaper.
Published in The Express Tribune, October 5th, 2014.
The arrival of online transport company Uber should be used to boost competition in Germany’s taxi market, though regulators must make sure traditional services do not face disadvantages, the head of the country’s competition watchdog said. US group Uber, which allows users to summon taxi-like services on their smartphones, has faced regulatory scrutiny and court injunctions from its early days, even as it has expanded rapidly into roughly 150 cities around the world. Courts in Berlin and Hamburg last month upheld bans on the company, saying it did not comply with German laws on the carriage of passengers. “More competition would not harm the taxi market,” Andreas Mundt, president of the German cartel authority told the Rheinische Post newspaper.
Published in The Express Tribune, October 5th, 2014.