Uber able to take dispute with Colombia to worldwide arbitration

A billboard that reads “Goodbye Colombia, An answer for Uber now” is seen in Bogota, Colombia, January 30, 2020. Image taken January 30, 2020. REUTERS/Luisa Gonzalez

BOGOTA (Reuters) – Uber has advised the Colombian authorities it’s contemplating taking its dispute with the Andean nation to worldwide arbitration, the corporateā€™s basic supervisor for Latin America George Gordon advised Reuters.

Citing violation of a commerce cope with america for escalating the dispute, the ride-hailer mentioned its preliminary calculations counsel damages from suspending its service in Colombia will exceed $250 million.

Reporting by Nelson Bocanegra; Writing by Oliver Griffin, Modifying by Franklin Paul

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