Brazil’s Ride-Hailing Price Shock Puts Uber and 99 Under Official Scrutiny

Key Points: São Paulo’s consumer watchdog has demanded explanations from Uber and 99 after a wave of complaints about sudden fare spikes, with a response deadline of December 22. Official inflation data show app-ride prices up 65% nationwide over 12 months through November, far outpacing headline inflation and even coffee. The dispute is now about […]