Uber faces big fine; execs face job loss in French trial

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Uber could face millions of euros in damages and fines and two of its top European executives could lose their jobs in a French court ruling expected Thursday.

Traditional taxi services accused Uber's now-suspended lowest-cost service, which used non professional drivers, of unfair competition.

The trial reflects larger economic tensions between highly regulated national industries and borderless, app-based services.

Thibaud Simphal, general manager for France, and Pierre-Dimitri Gore-Coty, chief for Europe, Middle East and Africa, are accused of complicity in an illegal taxi activity and violating privacy law.

The charges could potentially carry prison terms. The prosecutor asked instead for the two executives to be banned from managing any companies in France for five years. Taxi unions asked for 100 million euros ($110 million) in damages.