Uber Technologies was awarded an 18-month London license after a judge ruled that the ride-hailing app is “fit and proper” to operate in its biggest European market.
“Despite their historical failings, I find them, now, to be a fit and proper person” to hold a London license, Deputy Chief Magistrate Tan Ikram said in his ruling on Monday.
The duration of the permit was decided after submissions by Uber and its regulator Transport for London. When the company appealed the loss of its license the first time around, in 2018, it was granted a 15-month license by the court.
In his ruling, Ikram said that Uber “does not have a perfect record but it has been an improving picture.” He said the test as to whether Uber “are a ‘fit and proper person’ does not require perfection. I am satisfied that they are doing what a reasonable business in their sector could be expected to do, perhaps even more.”
Uber shares were up 7.7 per cent at 5:28 am Monday in New York during pre-market trading.
The license review is just one of a number of legal battles the California-based firm is fighting. It is facing other lawsuits, including in its home state, that would give drivers expanded employment rights that could wreck its gig-economy business model. Ahead of Monday’s ruling, Uber said it had improved its operations in the UK capital.
“Despite their historical failings, I find them, now, to be a fit and proper person” to hold a London license, Deputy Chief Magistrate Tan Ikram said in his ruling on Monday.
The duration of the permit was decided after submissions by Uber and its regulator Transport for London. When the company appealed the loss of its license the first time around, in 2018, it was granted a 15-month license by the court.
In his ruling, Ikram said that Uber “does not have a perfect record but it has been an improving picture.” He said the test as to whether Uber “are a ‘fit and proper person’ does not require perfection. I am satisfied that they are doing what a reasonable business in their sector could be expected to do, perhaps even more.”
Uber shares were up 7.7 per cent at 5:28 am Monday in New York during pre-market trading.
The license review is just one of a number of legal battles the California-based firm is fighting. It is facing other lawsuits, including in its home state, that would give drivers expanded employment rights that could wreck its gig-economy business model. Ahead of Monday’s ruling, Uber said it had improved its operations in the UK capital.

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