TAIPEI: Uber Technologies Inc said it was disappointed Taiwan's legislature had passed a regulation that will raise fines sharply on unlicensed ride-sharing services to the highest level for such fines globally.
The Legislative Yuan finalised an amendment bill on Dec 16 targeting Uber by raising the maximum fine for illegal passenger transportation services to up to NT$25 million (RM3.50mil) from between NT$50,000 (RM7,008) and NT$150,000 (RM21,024).
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