French anti-trust raids Paris taxi operator, France Inter reports

Reuters
Feb 19
French anti-trust raids Paris taxi operator, France Inter reports

PARIS, Feb 18 (Reuters) - France's anti-trust watchdog raided Paris's largest taxi operator G7 on Tuesday as part on investigation opened after a complaint by ride-hailing company Uber Technologies UBER.N, French radio station France Inter reported on Wednesday.

Autorite de la Concurrence, as the watchdog is known, said in a statement it carried "unannounced inspections to visit and seize documents" at an unidentified company in the industry of the transportation of people suspected of anti-competitive practices.

A spokesperson for G7 did not immediately respond to a request for comment.

Uber has indeed filed a complaint with Autorite de la Concurrence for anti-competitive practices carried out by G7, a spokesperson told Reuters.

(Reporting by Inti Landauro; Editing by Chizu Nomiyama )

((Inti.Landauro@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10