The Business Times
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South Korea to ban private cab services in blow to Uber

Published Fri, May 29, 2015 · 09:50 PM

Seoul

SOUTH Korean lawmakers passed a bill on Friday to ban taxi services provided by private drivers, marking what is likely the first nationwide legislation to outlaw Uber Technologies Inc's low-cost uberX service.

The ban, which will take effect by the year-end, marks the latest setback for the US company.

Uber

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