Tag Archive : 18month

/ 18month

Uber Technologies Inc. dodged a ban in its biggest European market after a London judge said the ride-hailing service deserved an 18-month license to operate in the UK capital.

Uber did enough to satisfy the court that it was now “fit and proper” to hold a permit, despite its “historical failings,” Deputy Chief Magistrate Tan Ikram said Monday. In November, Transport for London revoked its license a second time over concerns that it failed to adequately verify drivers’ identities and safeguard passengers.

While Uber’s new license is shorter than the 5-year permit it could have received, the magistrate was far more complimentary of its executives than a prior judge in 2018 who criticized the “gung-ho attitude” of previous management. Ikram pointed to Uber’s “credible and honest” witnesses and said the firm may perhaps be doing “even more” than what a reasonable business is expected to do in the sector.

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Uber can keep operating in London for another year and a half after winning its appeal of a decision by the British capital’s transit regulator not to renew its license.

The San Francisco-based ride-hailing company had challenged Transport for London’s decision in late 2019 not to renew its operating license over safety concerns involving impostor drivers.

Deputy Chief Magistrate Tan Ikram said Monday he found Uber to be “fit and proper” and granted the company an 18-month license extension, which comes with 21 conditions including providing regular, independent reports to authorities.

The company said the decision is a “recognition of Uber’s commitment to safety” and it will “continue to work constructively” with the regulator.

It’s a crucial legal victory in a lucrative European market as the company struggles to turn a profit. Uber posted a $1.8 billion loss in the latest quarter because millions of people stayed home amid the

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