Tuesday, December 23, 2014

Uber CEO faces two years in prison for operating illegal taxi service in South Korea


South Korean prosecutors have indicted the founder of Uber, Travis Kalanick, for operating an illegal taxi service in the country. The formal accusation against Kalanick and another man, a local rental car service operator, was made without physical detention. Yonhap News says that violators of the Korean law in question, which stops rental car services from offering paid passenger transport, could face a fine of up to 20 million won ($18,121), or up to two years in jail.


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