The unions won in 2014, but an appeals court overturned and the case went to France's highest court which upheld the ban.
Comically, the taxi unions were seeking 100 million euro in damages but will get less than 1 million.
Source:
Verge
Uber is so overvalued!
Just like FB...........when these two little bubbles pop...........it's gonna be profound.
I give Uber 5 years before a realistic valuation comes about and FB I give 10 years before a realistic one comes out.
I'd go the other way on FB; everyone already knows it is a house of cards and everyone is just trying not to breath in that direction.
Uber...they will probably fail not because of a lack of value (it really is a good service that provides real-world value), but because of competition, especially when it comes to socialist countries where it is not about what you can do or how you do it, but rather about who you know, who you bribe, and where you pay your taxes.
Agree France is a right basket case & has been for years