Categories: NewsTechnology

European Court of Justice Will Decide On Uber’s Position In The EU On Tuesday

The Uber service has come under fire from government officials all over the world. Mainly European countries remain divided as to how they want to label the company in its current state. Moreover, Uber, seemingly ignoring regulation, has caused quite a few riots in Europe over the past few years, clashes with taxi drivers, and legal disputes. But what will the future hold for all parties involved?

Uber Is On Shaky Ground in Europe

This coming Tuesday will be a day on which the future of Uber in Europe will start to take shape. The company will appear before the European Court of Justice, where they can plead their case to operate in their current form. Experts expect Uber will be facing stricter regulatory requirements moving forward, as the EU is their largest international market to date.

It has to be said that Uber has been on an aggressive international expansion. Right now, the service is available across six continents in over 300 cities. That latter number may seem relatively small, but it is only a matter of time until more cities embrace ride-sharing companies. Whether that will be Uber or a different organization, remains to be seen.

The growth of Uber has not been without struggle, as local taxi companies do not welcome any competition. Moreover, the fact that Uber drivers do not need to take specific tests or obtain licenses to operate has been a thorn in the side of taxi companies from day one. Berlin’s taxi dispatch center has already indicated their plans to fight Uber in Germany and other European cities moving forward.



Related Post

Governing enterprises participating in the sharing economy is not an easy feat by any means. The European Court of Justice will have to determine how to move forward in this regard, as there are a lot of unanswered questions regarding companies like Uber right now. Competitive rules, legislation, and other regulatory requirements will be among the big topics to be discussed.

One of the major questions is determining whether Uber is a transportation service or a services provider under EU law. Technically, they provide a service, which is executed in the form of transportation by third-party users. Uber themselves are not transporting anyone, as their platform only facilitates sharing a ride.

At the same time, judges may deem Uber to be an information society service, which would be a far more favorable outcome for the company. If that verdict came to pass, they could continue offering lower cost services such as UberEATS and UberPOP without issues. An exciting day is ahead for ride-sharing and the sharing economy in Europe, that much is certain.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

1 day ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

1 day ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

1 day ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

7 days ago