Fight with Uber is a personal one for its German nemesis
Berlin
BORN into a family of craftsmen in a hardscrabble Bavarian village, Richard Leipold started driving a cab as a college kid in Berlin. He liked it so much that he kept doing it after graduation, and he ultimately helped topple a local taxi guild with competition-stifling work rules. He estimates he's carried more than 100,000 passengers over the years - earning enough to purchase an apartment in a quiet southern suburb. In 1981 he bought his first Mercedes cab. The next year he added a second, and he now owns eight cars and employs 14 drivers.
Uber threatens all that, Mr Leipold says. And the ride-hailing service, in turn, sees Mr Leipold and his ilk as modern-day monopolists ready to be unseated. "When someone comes and says I'll take away the basis of your livelihood, then of course it becomes more than just a business matter," he says as he tracks his drivers' whereabouts in his office on the ground floor of a 19th century townhouse. "It becomes personal."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think