Uber CEO Indicted in South Korea, China City Raids Firm

Bloomberg reports:

Uber Technologies Inc. Chief Executive Officer Travis Kalanick was indicted in South Korea and China’s largest municipality pledged to crack down on its service in the latest instances of government scrutiny of the company.

Kalanick, Uber’s Korean unit and car-rental partner MK Korea were charged yesterday by the Seoul Central District Prosecutors’ Office for flouting a local transportation law prohibiting rental cars from operating as cabs, according to an official at the department, who asked not to be named citing internal policy. The official declined to comment on whether prosecutors expect Kalanick to appear for questioning.

What some people will do to limit competition.