Uber able to take dispute with Colombia to worldwide arbitration

A billboard that reads “Goodbye Colombia, An answer for Uber now” is seen in Bogota, Colombia, January 30, 2020. Image taken January 30, 2020. REUTERS/Luisa Gonzalez

BOGOTA (Reuters) – Uber has advised the Colombian authorities it’s contemplating taking its dispute with the Andean nation to worldwide arbitration, the corporate’s basic supervisor for Latin America George Gordon advised Reuters.

Citing violation of a commerce cope with america for escalating the dispute, the ride-hailer mentioned its preliminary calculations counsel damages from suspending its service in Colombia will exceed $250 million.

Reporting by Nelson Bocanegra; Writing by Oliver Griffin, Modifying by Franklin Paul

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