In the latest chapter of Indonesia’s online transport industry, the new set of rules that has been introduced by authorities to regulate the sector, has led to protests from the region’s largest ride-hailing companies – Uber, Grab, and Go-Jek – all of who have argued that it will “interfere with the market and curb transport innovation”.
The rules, locally known as PM 32 and which will be effective on April 1, will impose fleet quota, setting the price floor and ceiling, and changing ownership of vehicles, among others.
