Uber Technologies will cease operating in Colombia at the end of this month, following a court order in 2019, which the ride-hailing company on Friday referred to as “arbitrary” and a violation of its right to the due course.
The Andean country ordered Uber to stop operations after a judge stated it violated competition guidelines.
Uber stated it will use all legal avenues to support the rights of 2 million customers and 88,000 drivers in the nation.
In a statement, Uber further blamed a scarcity of regulation for ride-hailing applications in Colombia for its exit.
“Uber was the first firm to offer the country an innovative and trustworthy mobility alternative. Today, six years later, Colombia is the first nation on the continent to shut its doors to the tech firm,” the corporate mentioned.
Entrepreneurs have mentioned Colombia’s laws are out-dated and may threaten its status as the area’s second-hottest vacation spot for entrepreneurial investment after much larger Brazil.
Uber despatched a letter this week to the government’s legal company to say it was contemplating suing under the phrases of Colombia’s free trade settlement with the U.S., a source from the company said.
The company has further faced regulatory issues in the U.S., including a current measure in California that makes it harder for firms to qualify their workers as contractors rather than staff.