Uber has caved in to pressure from German officials and agreed to alter its service in Frankfurt and Munich, according to Reuters. The ride-hailing company will now have the same rates as local taxi companies and charge 35 cents per kilometer.
The move comes after a German court issued a preliminary decision last month to institute a countrywide ban on UberPop, the low-cost version of Uber's service. Uber, which connects passengers with drivers via a smartphone app, has already agreed to change its UberPop service in Berlin, Duesseldorf and Hamburg.
Uber, one of the world's most valuable venture-backed companies, with a valuation of $41 billion, has faced regulatory hurdles around the world in countries like Spain, France, Korea and the US, but this is one of the first times it's decided to comply with authorities rather than fight them.
Uber said Tuesday that the German decision was "a defeat for all those who want more choice for their personal mobility," according to Reuters.
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