Uber loses its license to operate in London

Bad times are ahead for UBER. The company has been generating headlines for its problems for a long time (change of CEO, assaults, violations…). Now, a new problem is added that can cost you dearly. The company has lost its license to operate in London. One of its main markets in Europe.

UBER loses its license to operate in London

UBER is not eligible to renew your operating license in the British capital. The problem, according to the regulatory commission, is that the company's behavior shows a great lack of corporate responsibility. In relation to a series of security related matters.

What will happen now with UBER?

This decision represents a huge setback for the company. In the British capital alone, there are more than 40, 000 drivers who depend on UBER for a living. And more than 3 million users make use of the application. In addition, the company also affirm that this decision restricts the ability of consumers to choose. And that all consumers have their license in order and have passed various tests.

Many believe that this decision is due to pressure from the Capital Taxi Association. One of the main groups that has protested against the company since its landing in Europe. Since they claim the business model is illegal and puts users at risk.

UBER's license expires on September 30. The company now has 21 days to appeal this decision. We will see what happens in the coming weeks. Although, this decision may cause something similar to happen in other European cities where there is great opposition to UBER.