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Uber CEO Could Face Up To Two Years in Jail in South Korea



/ 2 years ago

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Despite never actually being arrested in South Korea, the CEO and founder of the taxi app service could face up to two years in jail in the country.

Essentially, Uber is considered highly illegal in South Korea, thanks to the incredible amount of regulation in the way of becoming a licensed taxi operator. Taxi drivers themselves need to pay an accumulative 70 million won (around $63,477) just to become a registered driver.

South Korean prosecutors have indicted Travis Kalanick without him actually being arrested or appearing in court, with him facing the jail time or a 20 million won (around $18,121) fine. If he has the option of taking the fine, I think we all know which one he’ll go for.

Bizarrely, Uber continues to operate in Seoul, the South Korean capital. It’s even more bizarre when you consider that the authorities in Seoul have essentially placed a bounty on the heads of Uber drivers, offering 1 million won (about $910) to any citizen who has evidence of the service operating. They even have a “dedicated squad” that is “clamping down on Uber drivers”.

Uber has faced a tricky legal path since its inception, with intense opposition from governments and taxi drivers alike. So far, it’s seemed pretty invincible – they give off the impression that they’re above the law. It’ll be interesting to see how this latest story pans out though.

Source: The Verge

 

 


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  • Wayne

    I’d like to see how Uber fares (no pun intended) in competition to our minibus taxis here, I don’t think they’ll survive the 1st hour. Minibus taxi business is serious business here and if you can’t beat the competition fair and square, waste them.