Adding another fresh blow to the US-based ride-hailing pioneer and one of the most closely-monitored Silicon Valley giants, Uber Technologies, late on Friday, the 20th of December 2019, a Columbian court had ordered to suspend its ride-sharing operation in the Andean country, the fourth-largest Latin American economy by GDP (Gross Domestic Product) and the 31st-largest economy across the globe on PPP (purchasing power parity) with a growth rate of 2.6 per cent on an annualized basis.
In point of fact, according to the court verdict, the order to cease Uber Technologies’ ride-hailing operation in Columbia over multiple breaches of competition rules would become effective immediately. Concomitantly, Friday’s (December 20th) court verdict that went against the San Francisco-based Uber Technologies comes over the heels of a lawsuit filed by the COTECH SA against Uber’s anti-competitive behaviour in the Andean nation, while echoing the leads of Friday’s (December 20th) court ruling, the Superintendence of Industry and Commerce (SIC) in Columbia was quoted saying that the US company had been violating market legislations.
Besides, the Uber Technologies, having had more than 2.3 million users in Columbia and over 88,000 drivers, had not factually been following any industry legislations and its app-based transport services were proffering the ride-sharing pioneer “a significant advantage in the market,” said the SIC following reveal of the court ruling.
Nonetheless, adding that the ruling had violated Inter American Convention on Human Rights and it had immediately appealed against the court verdict, Uber said in a statement late on Friday (December 20th), “This decision reflects an act of censorship and infringes on the Inter American Convention on Human Rights, which has already condemned attempts to block Uber for violating the neutrality of the web, liberty of expression and freedom of internet. ”