Regional and local governments in Spain will be able to annul thousands of private-hire driving licenses, a move that has been hailed by the country's established taxi companies who have seen their business drop due to the more cost-effective an reasonably priced services that Uber and Cabify drivers offer through mobile phone apps.

At present, Spain's private hire national licenses expire following a four-year transition period during which the country's taxi drivers and their Uber and Cabif...

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