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Uber CEO Indicted in South Korea Over Its Taxi Service

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Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#2
> “Uber does not believe it is appropriate for authorities to seek to punish drivers who are trying to make a living through this service,” Uber said in today’s e-mail.

Uber needs to slow down the spin. It might work in metros in the US, but it's not going to work in Seoul.

Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#3
"...will offer rewards of as much as 1 million won ($905)..."

"The maximum penalty for Uber’s alleged legal violation is a two-year prison sentence or a fine of as much as 20 million won..."

So the fine would be at most ~$20,000. That seems low compared to 2 years in jail!

Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#4
> "[...]from next week will offer rewards of as much as 1 million won ($905) to people who provide information on Uber’s services. "

> "The maximum penalty for Uber’s alleged legal violation is a two-year prison sentence or a fine of as much as 20 million won[...]"

Can anyone clarify this for me?

I read it as two years in prison or pay a 20.000$ fine. The difference between two years in prison and 20.000$ seems very large to me. It seems slightly illogical to me if this is the case.

Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#6
post #2

> “Uber does not believe it is appropriate for authorities to seek to punish drivers who are trying to make a living through this service,” Uber said in today’s e-mail. Uber needs to slow down the spin. It might work in metros in the US, but it's not going to work in Seoul.

It works anywhere. Stupid state monopoly mafia trying to control how people are supposed to make money is scared. That's all there is to it. If I want to drive somebody and make money I don't need no licence. There's absolutely no justification for requiring a licence.

Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#7
post #4

> "[...]from next week will offer rewards of as much as 1 million won ($905) to people who provide information on Uber’s services. " > "The maximum penalty for Uber’s alleged legal violation is a two-year prison sentence or a fine of as much as 20 million won[...]" Can anyone clarify this for me? I read it as two years in prison or pay a 20.000$ fine. The difference between two years in prison and 20.000$ seems very…

There are lots of crimes in the US punishable by a year in prison or a fine of up to $1k. I suspect the fines are leftover from when $1k was significantly more money.

Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#8
post #2

> “Uber does not believe it is appropriate for authorities to seek to punish drivers who are trying to make a living through this service,” Uber said in today’s e-mail. Uber needs to slow down the spin. It might work in metros in the US, but it's not going to work in Seoul.

It works anywhere. Stupid state monopoly mafia trying to control how people are supposed to make money is scared. That's all there is to it. If I want to drive somebody and make money I don't need no licence. There's absolutely no justification for requiring a licence.

>If I want to drive somebody and make money I don't need no licence. There's absolutely no justification for requiring a licence.

What about the client's rights?

Re: Uber CEO Indicted in South Korea Over Its Taxi Service

#9

> "worries over the safety of consumers" Can't consumers decide what their safety requirements are? If they prefer a different service, for safety reasons, can't they just use that service instead?

Not really, because of information asymmetry. Users of taxi services, like users of medicine, are vastly less informed about the quality of the service than those that provide it.

Contrary to Uber's propaganda, legislation around taxis is not there, for the most part, to increase the revenue of taxi operators.

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