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Headline : Hong Kongs government seeks to regulate online car-hailing platforms

Read more from the original article on here at abcnews.go.com.





Tags : #hong #kongs #government #seeks #regulate #online #carhailing #platforms



No. of Paragraph 13

The Hong Kong government is seeking to regulate online car-hailing platforms through licensing and impose tougher penalties on illegal ride services

HONG KONG -- The Hong Kong government is seeking to regulate online car-hailing platforms through licensing and impose tougher penalties on illegal ride services, a move likely to have a significant impact on tech companies such as Uber.

Transport officials sent a document Monday to the legislature, asking lawmakers to further study the proposal. The officials also said they would further assess and iron out details, such as requirements for obtaining licenses and the number of vehicles that can be run through online platforms. Authorities plan to complete the legislative proposals sometime in 2025.

Hong Kongโ€™s taxi industry has long resisted online platforms like Uber, seeing them as a threat to its business.

Read more from the original article on here at abcnews.go.com.


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