Madrid taxi drivers protest proposed ride-hailing rules

By AP News

Share:

MADRID (AP) — Hundreds of taxi drivers protested Wednesday in the streets of Madrid against what they claim is unfair competition from ride-hailing services.

MADRID (AP) — Hundreds of taxi drivers protested Wednesday in the streets of Madrid against what they claim is unfair competition from ride-hailing services.

The drivers participated in a procession through the Spanish capital, protesting in their vehicles and on foot.

A city government proposal to create new rules for ride-hailing services is set for a Thursday vote by the municipal assembly.

Labor groups complain the proposed regulations do not include mandatory days off, working hour limits and other conditions that are required for taxi drivers.

The Professional Federation of Madrid Taxis, which organized the protest, claims there is one ride-hailing vehicle for every two taxis in Madrid even though a local law limits the number to one for every 30 taxis.

Share:

Author: AP News

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Originally published by Associated Press Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

Sign up for VTM Updates

Form submitted successfully!

Top Picks for Q2 2022

View More

Crypto Corner

Learn your NFTs from your BTCs