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Nigeria’s Antitrust Agency Probes Uber’s Exit From Country

Source: Bloomberg

Antitrust & CompetitionRegulation & LegislationCompany Fundamentals

Nigeria’s antitrust commission is probing Uber’s abrupt exit, after the ride-hailing platform shut down in the country last week without prior notice to users. The inquiry raises regulatory risk for Uber’s West Africa operations, though no financial impact figures were provided.

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mildly negative

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-0.25

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UBER-0.60

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