Uber says disappointed by Taiwan law raising ride-sharing fine to highest level globally

epa05469927 The logo of the Uber application (C) is displayed on a smartphone in Taipei, Taiwan, 10 August 2016. According to reports, Taiwan's Ministry of Economic Affairs announced that before 11 August they will call for Uber to withdraw from the country following numerous petitions from different transport sectors and public users last month, against the online transportation network company. EPA/RITCHIE B. TONGO

TAIPEI: Uber Technologies Inc said it was disappointed Taiwan's legislature had passed a regulation that will raise fines sharply on unlicensed ride-sharing services to the highest level for such fines globally. 

The Legislative Yuan finalised an amendment bill on Dec 16 targeting Uber by raising the maximum fine for illegal passenger transportation services to up to NT$25 million (RM3.50mil) from between NT$50,000 (RM7,008) and NT$150,000 (RM21,024).