This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEFBI0ZD_L.jpgFRANKFURT (Reuters) – A German court has banned Uber (NYSE:) services in Germany arguing the U.S. ride hailing company lacks a necessary licence to offer passenger transport services using rental cars.
The verdict is effective immediately, but can be appealed, the Frankfurt regional court said in a statement on Thursday.
The court in 2015 forbid Uber from matching up drivers using their own cars with ride hailers.
Uber’s service, which lets customers hail rides carried out in rented cars, is also illegal as it violated competition rules, the court said.
Uber was not immediately available for comment.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.