Bill to allow Uber, Lyft in Israel gains committee approval

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An Israeli ministerial committee on Sunday ‍approved a law that would allow shared ride hailing services such as Uber ⁠and Lyft to operate in Israel in a bid to lower taxi costs.

Under a reform promoted by the Transportation Ministry, the law – which still ‌needs full ‌parliamentary approval – would regulate and enable “technology-based transportation operators” using models successfully used globally.

The ministry noted ‌that the Shared Transportation Law approved by the Ministerial Committee for Legislation would allow companies such as…



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Bill to allow Uber, Lyft in Israel gains committee approval



An Israeli ministerial committee on Sunday ‍approved a law that would allow shared ride hailing services such as Uber ⁠and Lyft to operate in Israel in a bid to lower taxi costs.

Under a reform promoted by the Transportation Ministry, the law – which still ‌needs full ‌parliamentary approval – would regulate and enable “technology-based transportation operators” using models successfully used globally.

The ministry noted ‌that the Shared Transportation Law approved by the Ministerial Committee for Legislation would allow companies such as…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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