Nearly a year on, Mexico City Uber regulation stuck in neutral
By Noe Torres
MEXICO CITY, June 16 (Reuters) - A Mexico City government fund aimed at collecting 1.5 percent of revenue from car-hailing services such as Uber has still not been created, nearly a year after the metropolis became the first Latin American city to regulate rideshare apps.
In July 2015, two years after Uber Technologies Inc entered Mexico City and upset taxi unions, the city government announced a deal to allow Uber and rivals such as Cabify to legally operate, with a share of their revenue destined for a specially created, though vaguely defined transport fund.
The Mexican capital, however, has yet to complete a register of the taxi apps' fleets needed to set up the fund, according to public information requests filed by Reuters.
"At present, the creation of the fund for the Taxi, Mobility and the Pedestrian is still under way," the Mexico City transport department said in one response.
There is no time schedule for the fund's creation, and rideshare companies continue to operate in the meantime.
Still, neither the city's transport nor the Finance Ministry had any record of any transport fund board meetings, or even who was on the board, according to public information requests.
Mexico City finance department officials declined to comment on the fund, directing questions to the transport department. The transport department said the fund was the finance department's responsibility and directed questions there.
Luis de Uriarte, Uber's Mexico spokesman, said the final details of the fund were being decided with the city's finance department. Continuación...