The US firm slashed fares by almost half in mid last year to attract more riders thereby improving drivers’ earnings by making more trips. This would later come to haunt the company when drivers went on strike early this year protesting poor returns. The driver partners, through the Digital Taxi Association of Kenya asked the National Assembly to change the law so that players in the cab industry are subjected to equitable and inclusive regulation. Some of Uber’s competitors such as Little Cab and Kenya Taxi Cab Association separately petitioned Parliament to take measures to curb what they termed as abuse of dominance by the American firm. Regulation is necessary to protect the interests of all stakeholders while the ideals of free market economy are maintained.

Source: Daily Nation April 18, 2017 12:23 UTC