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The Hong Kong government has introduced proposals to regulate online ride-hailing services, including platforms like Uber. The new framework would require licensing for ride-hailing platforms, vehicles, and drivers before they can operate. Lawmakers acknowledge that ride-hailing is an inevitable part of the transportation landscape but note that regulatory measures have lagged behind the sector's growth. The government aims to implement quick and balanced regulations that promote competition without imposing excessive restrictions, with clear guidelines on licensing, operations, pricing, and insurance. Uber Hong Kong described the regulation as an important milestone but expressed concern over a proposed cap on the number of ride-sharing vehicles allowed.
In a statement to Reuters, a spokesperson for Uber HK said the regulation was an "important milestone". The statement also said Uber was concerned about a proposed cap on the number of ride-sharing vehicles. https://t.co/a1gCJrkDCM
The paper does NOT propose regulations but here's a summary: lawmakers see ride-hailing as inevitable, but regulation lagging. They want quick, balanced rules that encourage competition—not excessive restrictions—and clear details on licensing, operations, pricing, insurance, etc https://t.co/Sga0DTSvKw https://t.co/398Tn0ag6T
The Hong Kong government unveiled proposals to regulate online ride-hailing services provided by tech companies like Uber, requiring platforms, cars and drivers to be licensed before hitting the road. https://t.co/3jHfTRMFtq https://t.co/urv85U0IhW
