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COMING UP:Share Opener Variant 3

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00:00:00
>> Ride-hailing company, Uber, goes to court on Monday in a bid by the $70 billion business to continue operating in its most important European market. The Silicon Valley firm is seeking to overturn a decision stripping it of its license in London. Regulator transport for London shocked the company with that decision in September.
00:00:20
Citing failings in its approach to reporting serious criminal offenses and to background checks on drivers. The company has since made several changes including the introduction of a 24-7 telephone support line and the proactive reporting of serious incidents to the UK capital's police. After it's application for a five year licence was rejected last year, the company is now seeking an 18 month one to prove it's changed.
00:00:47
At stake is one of Uber's most crucial markets of it's 50,000 drivers in Britain, 80% are in London. The appeal will be heard over three days and a decision could take weeks and is then likely to be subject to further appeal by the loosing sides meaning the whole legal process could take years.
00:01:07
In the meantime, Uber can continue operating in the city.