- In a major setback to the US based ridesharing company, Uber Technologies Inc., it has lost its licence to operate in London. The city’s regulator, Transport for London (TfL) has termed the company not “fit and proper” for holding the licence to operate in the city.
- The company won’t be getting its licence renewed on 1st of December when it is slated to expire, though it has the 21 days to appeal.
- TfL has charged the company for risking passengers’ safety through unauthorised drivers, who had been using the accounts of approved drivers. Even London Mayor Sadiq Khan, who oversees TfL has supported the decision to revoke Uber’s licence.
- The company has termed the decision exceptional and unjust and has said that it would appeal against the order. London, with around 3.5 million users, is the biggest markets of the company globally.
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