Regulating E-hailing in Malaysia – Is There Over-Regulation?
Since the launch of Uber, the e-hailing industry continued to grow and has become an undeniable force to be reckoned with. This has triggered major disruptions in the transportation industry, especially in the ride-hailing market which was traditionally monopolised by the taxi industry.
Due to this, several ASEAN countries have introduced regulations to regulate the e-hailing companies and its drivers to create a level-playing field for both industries while at the same time upholding and maintaining the standards of the transport industry.
Mohammad Izahar Mohammad Izham, Partner in Zaid Ibrahim & Co.’s Corporate and Government Advisory Practice Group, shares his thoughts on the recent e-hailing regulations in Malaysia as well as a comparison with other ASEAN countries.