Colombia’s antitrust regulator is fining ride-sharing app Uber US $625,000 for allegedly obstructing an investigation into its operations in the country.
The action on Monday, August 12, stems from a 2017 inspection of the company’s office in Bogota. Regulators were seeking information about Uber’s corporate structure, but said executives provided evasive answers and instructed employees not to cooperate.
Uber said in a statement it would evaluate its legal options once notified of the fine, which can be appealed.
Since its launch in Colombia in 2013, Uber has faced stiff resistance from taxi drivers who say the company is stealing their work. The company operates in a state of legal limbo because it pays taxes, but lacks approval to operate in the country.
Full Content: Superintendence of Industry and Commerce
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
