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EU's Top Court Rules That Uber Is a Transportation Company (axios.com)
Uber is a taxi company, according to a landmark ruling from Europe's highest court. The European Court of Justice (ECJ) ruled Wednesday that the U.S. ride-hailing app is a transportation firm and not a digital company. The verdict is a long-awaited judgment expected to have major implications for how Uber is regulated throughout Europe. From a report: The E.U.'s member countries now have more clarity and authority to regulate Uber as a transportation company (more strictly than as a tech service), though many already do so. As a technology company, Uber would have been protected by E.U. law from certain restrictions by individual countries, and would have required them to notify the commission of any new regulations.
...the government having to jump in and make new regulations and burdens on companies that isn't needed...
I don't think this is about trying to make new regulations. It's about trying to enforce employee protection regulations already in place that Uber claims don't apply to its drivers. The regulations aren't new to "transportation firms"; they're just new to Uber.
He's getting rather old, but he's a good mouse.
In other words....government finds a way to get in and mess up something that has been innovative, proven popular and successful.
You mean a company that has been losing money at a clip of $500 million every month with no signs of profitability even in the face of ignoring the law to save money and grow. Yeah, SUPER successful... [/sarcasm]
Good thing govt wasn't this bad a 100 or so years ago....we'd otherwise still have a thriving buggy whip industry.
Peculiar view of how wonderful the world was 100 years ago. 100 years women weren't allowed to vote, minorities (particularly blacks) were subject to Jim Crow laws which wouldn't end for another 50 years, the Fair Labor Standards Act wouldn't be passed for another 20 years, etc.
This notion that government is always bad is in stark denial of reality.