Hong Kong proposes to regulate online car-hailing platforms like Uber with licensing and stricter penalties.
Hong Kong's government is proposing to regulate online car-hailing platforms through licensing and impose tougher penalties on illegal ride services, potentially impacting companies like Uber. Transport officials have submitted a document to the legislature, requesting further study of the proposal. The government aims to develop a regulatory framework by 2025, while Hong Kong's taxi industry has long resisted online platforms, viewing them as a threat to its business.
July 08, 2024
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