Uber Appeals On Legal Decision To Revoke Its London Licence
Uber lodged a court appeal on Friday to overturn a decision by London’s transport regulator that stripped the taxi app of its operating licence in its most important European market, the first stop on what is set to be a long legal road.
Transport for London (TfL) shocked the Silicon Valley firm last month by deeming it unfit to run a taxi service and refusing to renew its licence, citing its approach to reporting serious criminal offences and background checks on drivers.
The appeal marks the beginning of months of legal wrangling in a battle that had pitched one of the world’s richest cities against a Silicon Valley giant known for forays into new markets across the globe that have stoked competition for established cab companies.
Uber, whose backers include Goldman Sachs and Bl...