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Colombia orders Uber to cease ride-hailing for violating competition rules

Shortpedia

Content Team
Image Credit: Shortpedia

Ride-hailing platform Uber has been ordered to suspend its ride-hailing business after a technology platform presented a lawsuit claiming the company was providing the service through unfair competition. A judge at the Superintendency of Industry and Commerce, which regulates the market, ruled that Uber’s app violated competition norms. Earlier, the ride-hailing platform had to cease its services in Germany too.