Three weeks after announcing its departure from the Colombian market, Uber has relaunched in the country with a new business model.
The global ridesharing company Uber ends operations in Colombia after legislators failed to regulate legal loopholes favoring the transport guild over the technology-based company.
Colombia’s Constitutional Court denied two protection petitions claiming Uber must meet all the transportation requirements of premium can companies.
New regulations released by the Ministry of Transportation could change the way taxi companies operate, but may not affect Uber.
Thousands of taxis took to Bogotá streets Monday in protest of the government’s lax enforcement of laws that prohibit Uber and other ridesharing services.
Threats and confrontations ratcheted up a hostile situation between taxi drivers and Uber drivers Friday in Bogotá.
Uber faces tough new restrictions in Colombia after the national Ministry of Transportation released new rules on “luxury transportation” services on Monday.