The Brussels Appeal Court ordered Uber Technologies Inc (NYSE:UBER) to suspend its ride-hailing service in the Belgian capital, CNBC reports.
- A 2015 ban on private individuals offering taxi services also applies to professional drivers as per the court.
- Uber said the decision goes against the European Commission’s digital and green ambitions.
- The Brussels government agreed to reform the region’s taxi and private car industry following driver protests.
- The court also penalized Uber €0.30 million ($0.34 million).
- Related Content: Uber Temporarily Suspends Brussels Service Pending Driver Reforms
- Price Action: UBER shares traded lower by 3.87% at $40.45 on the last check Friday.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
