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Uber strikes back, as it appeals Colombia’s ban on it
The suit, specifically served by the Superintendency for Industry and Commerce, accusing Uber of constituting a form of disloyal competition?
Related article: Colombia kicks ride-hailing Uber and Picap to the illegal curbWell, the United States-based ride-hailing app has gone and done it and has now officially appealed the decision—as expected.
You see, Uber believes it has been wronged on the basis of a violation of Colombia’s Free Trade Agreement (FTA) with the US.
The document stated:“Both Uber and Uber Colombia possess protected investments under the current FTA… Therefore, in light of this fact, Uber and Uber Colombia demand a resolution to the conflict via consultation and negotiation.”A distinct essence of fish in the airThe counter-attack also points out a more sinister worry held by Uber’s lawyers.
Considering all this, you can trust that this Uber v. Colombia episode is only set to further inflame passions as it advances. | To read full story, visit https://startuparound.com/read/1578616208.1485913/Uber-strikes-back,-as-it-appeals-Colombia’s-ban-on-it?ref=audio_experience
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By Startup AroundThe suit, specifically served by the Superintendency for Industry and Commerce, accusing Uber of constituting a form of disloyal competition?
Related article: Colombia kicks ride-hailing Uber and Picap to the illegal curbWell, the United States-based ride-hailing app has gone and done it and has now officially appealed the decision—as expected.
You see, Uber believes it has been wronged on the basis of a violation of Colombia’s Free Trade Agreement (FTA) with the US.
The document stated:“Both Uber and Uber Colombia possess protected investments under the current FTA… Therefore, in light of this fact, Uber and Uber Colombia demand a resolution to the conflict via consultation and negotiation.”A distinct essence of fish in the airThe counter-attack also points out a more sinister worry held by Uber’s lawyers.
Considering all this, you can trust that this Uber v. Colombia episode is only set to further inflame passions as it advances. | To read full story, visit https://startuparound.com/read/1578616208.1485913/Uber-strikes-back,-as-it-appeals-Colombia’s-ban-on-it?ref=audio_experience