Updated: Dec 22, 2019
Colombia has become the latest location where ride-sharing firm Uber Technologies has been banned after a judge ruled the company violated competition rules, Reuters reported.
The ban, which was handed down on Friday 20 December, means the Silicon Valley giants would have to cease trading with immediate effect.
Following a lawsuit filed against Uber by COTECH SA, the Superintendency of Industry and Commerce (SIC) said the controversial app based private hire company had breached market rules.
Uber has said they don't agree with the decision and have launched an appeal.
According to Reuters, Uber has more than 2.3 million active users in Colombia and around 88,000 driver partners.
In a statement the SIC said Uber generated “a significant advantage in the market” by rendering transport services for individuals via its application.
The SIC said that following analysis, it ordered Uber’s ride-hailing services “through the use of the Uber application to cease immediately”.
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