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Minimum fares for Uber and Bolt: Munich on the brink of a fundamental decision
The Bavarian capital Munich is taking steps to introduce minimum transport fares for the taxi and rental-car sector. As the Federal Association of Taxi and Rental Cars reports, the responsible taxi commission has decided to set binding minimum prices for platform providers such as Uber and Bolt. The decision is to be confirmed in April by the District Administration Committee and the City Council.
Binding minimum fares planned
According to the association, the planned regulations provide for binding minimum fares for rides in the rental-car sector. In doing so, the city would address a central market problem: the price competition that has so far disadvantaged regulated taxi offerings. In the past, prices charged by platform providers have sometimes been significantly below taxi levels. This has led to significant distortions of competition.
Signaling effect for more cities
The Federal Association of Taxi and Rental Cars regards Munich's development as an important step in a nationwide debate. More and more municipalities are reportedly examining the introduction of clear framework conditions for the competition between taxi and rental-car traffic. The aim is to safeguard the provision of essential services by taxi and to prevent ruinous price competition.
According to the association, at least ten cities could have introduced minimum transport fares as early as 2026. Among them would be Munich and Cologne, two of Germany's four million-strong cities.
Accompanying the political process
The Federal Association announced that it would accompany the further political consultations in Munich and other cities in a constructive manner. Earlier, the Süddeutsche Zeitung had reported on the decisions of the Munich Taxi Commission. (Source: Federal Association Taxi and Rental Cars)
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