Latin American Governments Startup News

Colombia bans Uber from providing ride-hailing services

LatAm List – The Colombian government ordered Uber to stop operating in the country, effectively immediately, citing a violation of competition rules. Colombia’s Superintendency of Industry and Commerce (SIC) concluded that Uber had violated these rules after a lawsuit filed by local company, COTECH.

Uber exists in a legal void in many Latin American countries, including Colombia, as many transport authorities consider them illegal, but they have not previously been officially banned. Uber has over 2.3M users and 88K drivers in Colombia currently and is considered to have a “a significant advantage in the market.”

While Uber’s ridehailing services have stopped as the company appeals the ruling, UberEats is still allowed to operate.

Read more in Reuters.

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