 "Uber agrees to suspend operations in Portland post lawsuit")
Uber has agreed to suspend services for three months in Portland while officials revise regulations governing taxis and ride-sharing apps, the company said.
Uber said on Thursday that it will cease to operate on Sunday evening and resume services on April 9, even if the new rules are not in place, reported CNET.
A statement released by the company said that the web-based taxi service was "dedicated to curating and continuing a valuable and constructive relationship with Portland's lawmakers" and is working to create a regulatory framework that applies to "everyone."
The deal comes just a week after Portland banned Uber because it failed to comply with its licensing laws for taxi services.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app