Brussels Court Orders Ban On Uber Services

The Brussels Appeal Court ordered Uber Technologies Inc UBER to suspend its ride-hailing service in the Belgian capital, CNBC reports.

• A 2015 ban on private individuals offering taxi services also applies to professional drivers as per the court.
• Uber said the decision goes against the European Commission’s digital and green ambitions. 
• The Brussels government agreed to reform the region’s taxi and private car industry following driver protests.
• The court also penalized Uber €0.30 million ($0.34 million).
• Related Content: Uber Temporarily Suspends Brussels Service Pending Driver Reforms
• Price Action: UBER shares traded lower by 3.87% at $40.45 on the last check Friday.