Tech

Bill to allow Uber, Lyft in Israel gains committee approval

An Israeli ministerial committee on Sunday ‍approved a law that would allow shared ride hailing services such as Uber ⁠and Lyft to operate in Israel in a bid to lower taxi costs. Under a reform promoted by the Transportation Ministry, the law – which still ‌needs full ‌parliamentary approval – would regulate and enable “technology-based […]

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An Israeli ministerial committee on Sunday ‍approved a law that would allow shared ride hailing services such as Uber ⁠and Lyft to operate in Israel in a bid to lower taxi costs.

Under a reform promoted by the Transportation Ministry, the law – which still ‌needs full ‌parliamentary approval – would regulate and enable “technology-based transportation operators” using models successfully used globally.

The ministry noted ‌that the Shared Transportation Law approved by the Ministerial Committee for Legislation would allow companies such as…

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