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Is Uber going to have to pull out of East Asia?

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lilly
1026 Rider Guru
 Posted 7 years, 3 months ago

"The regulation, which president Tsai Ing-wen personally signed off on, places a bounty on Uber drivers, and rewards ordinary people financially for reporting them to police. Drivers caught accepting rides through Uber will face a minimum fine of NT$100,000 ($3,164) and a maximum fine of NT$25 million ($791, 277), depending on the infraction. That marks the highest penalty Uber has been subject to in any market, according to Uber. The regulation also ensures pedestrians who report Uber drivers to police can receive a percentage cut of the fine based on its size—thereby encouraging the public to rat drivers out for cash."

https://qz.com/879627/with-taiwan-in-limbo-uber-is-on-the-verge-of-getting-kneecapped-in-east-asia/

Comments

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    RPaulson
    560 Driver
     7 years ago

    Uber squashed the law makers in the USA, but that doesn't meant you can repeat that everywhere else.

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      jbauer
      398 Driver
       7 years ago

      They can't as easily influence law makers in Asia because they don't have nearly as much political leverage.  In US, they are lobbyists.  There, Uber is the evail American corporation.

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    CTG07
    223 Rider
     7 years ago

    Wow - those are some serious fines!

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      kitkat22
      222 Rider
       7 years ago

      Seriosuly! Can you imagine being fined $791,277 surprised

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        RPaulson
        560 Driver
         7 years ago

        I would just laugh.   and laugh.   and laugh some more.  I wouldn't even be worried. 

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    chawes
    756 Rider Guru
     7 years ago

    Wow, you have to wonder just where the motivation for fines like that comes from...