(CNBC) Uber is a transportation company, according to a landmark ruling from Europe's highest court.
The European Court of Justice (ECJ) ruled Wednesday that the U.S. ride-hailing app is a transportation firm and not a digital company. The verdict is a long-awaited judgment expected to have major implications for how Uber is regulated throughout Europe.
"The service provided by Uber connecting individuals with non-professional drivers is covered by services in the field of transport," the ECJ said. "Member states can therefore regulate the conditions for providing that service," it added.
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