A growing share of European taxi drivers’ business is coming from Uber.
The share of these taxi drivers’ rides that are booked on the platform has risen from 5% a year ago to 10% today, Reuters reported Monday (May 29).
Uber and European taxi drivers had been in conflict in the past, but that changed after the implementation of new rules that require Uber drivers to have a commercial license, according to the report.
Now, taxi drivers in the region are adopting the app and using the scheduled rides it provides to add to their existing curbside pickup business, the report said.
With more drivers, Uber is delivering better service levels and growing its business in the region, per the report.
The ride-hailing company’s biggest markets in the region are seeing “very solid performance with a lot of innovation, including development of our taxi solution in all of those countries,” Uber Vice President and Head of EMEA Mobility Anabel Diaz told Reuters.
Related: Uber Promises Better Rights For Gig Workers In Europe
At the same time, the platform faces uncertainty around potential changes in Europe’s regulation of the gig economy, and when gig workers are considered employees, according to the report.
The European Union (EU) will discuss the issue at a meeting in June, the report said.
Whatever the outcome on that issue, “the reality is we will adapt,” Diaz said.
Uber’s taxi integration with its ride-hailing app has been rolled out in several European cities.
This offering has reduced its conflicts with both taxi drivers and regulators. For example, Uber drivers were briefly banned from operating in Brussels before the company integrated local taxi firms into its platform.
Featured News
Swisscom’s Fastweb-Vodafone Italia Merger Gains Momentum with Antitrust Approval Pending
Nov 24, 2024 by
CPI
Novo Holdings Nears EU Approval for $16.5 Billion Catalent Acquisition
Nov 24, 2024 by
CPI
Australia Drops Plan to Fine Tech Giants for Misinformation Spread
Nov 24, 2024 by
CPI
Michael Jordan’s Racing Team Drops Antitrust Appeal Against NASCAR
Nov 24, 2024 by
CPI
EU Closes Apple E-Book Antitrust Probe After Complaint Dropped
Nov 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI