Tada '2nd Trial', Including Employee Witness Examination
Lee Jae-woong, CEO of Socar, Faces Intense Court Battle Today... Dialogue Hosted by Open Net on the 16th
[Asia Economy Reporter Buaeri] The illegal controversy surrounding the van-hailing service 'Tada' has reached another turning point with the second trial of Lee Jae-woong, CEO of Socar. In the second trial, witness examinations are scheduled for Tada operation staff and the head of the driver service company, indicating that fierce courtroom battles are expected.
The Seoul Central District Court Criminal Division 18 will hold the second trial on the afternoon of the 8th for Lee, who is charged with violating the Passenger Transport Service Act, and Park Jae-wook, CEO of VCNC. While the amendment to the Passenger Transport Service Act, known as the 'Tada Prohibition Act,' is still pending in the National Assembly's Legislation and Judiciary Committee, the trial is expected to feature heated disputes as Tada operation staff and driver service company representatives appear as witnesses. The amendment requires platform transportation operators to secure vehicles and pay contributions if they engage in transportation business. For Tada to continue operations, it must rent or purchase taxi licenses.
In the situation where the Tada Prohibition Act amendment is being pushed in the National Assembly, Lee Jae-woong, CEO of Socar, faces a dire predicament. He is embroiled in conflicts with the taxi industry, the government, and the ruling party, and is struggling to attract investment due to uncertainties surrounding the 'Tada Prohibition Act.' While competitor Kakao Mobility is expanding by acquiring corporate taxis, 'Tada' is caught in illegal controversy, causing overseas investments worth hundreds of billions of won to fall through, pushing it to the brink.
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Tada's side has stated that since the Supreme Court's decision will take considerable time, they will first observe the situation. Facing a crossroads, CEO Lee will attend a discussion titled 'Ban the Tada Prohibition Act,' hosted by Open Net on the 16th. Having already publicly expressed dissatisfaction with the government on platforms like Facebook, Lee is expected to present counterarguments against the amendment at this event as well.
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