Print Print    Close Close

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

Published June 09, 2016

Associated Press

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.

Print Print    Close Close

URL

https://www.foxnews.com/world/uber-faces-big-fine-execs-face-job-loss-in-french-trial

  • Home
  • Video
  • Politics
  • U.S.
  • Opinion
  • Entertainment
  • Tech
  • Science
  • Health
  • Travel
  • Lifestyle
  • World
  • Sports
  • Weather
  • Privacy
  • Terms

This material may not be published, broadcast, rewritten, or redistributed. © FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Do Not Sell my Personal Information - New Terms of Use - FAQ