Yet, taxis in Colombia are incredibly dangerous. As a passenger you are exposed to express kidnappings, drivers that are aggressive, adultered fares systems and drive unsafely in cars that don't meet any security guidelines (a large number of passengers have died on rear-collisions given that the most common Bogota taxi has no rear-reinforcement). For decades the taxi mafia's have provided an unsafe & horrible service, when Uber & other platforms arrived, users flocked, yet by means of aggressive protests where they pretty much block the city, the taxi's have forced some parts of the government to try to curve Uber.
Uber however has fought to continue providing the service that the consumers demand, and has otherwise tried to complied with every law. This fine comes from the industry of commerce regulators, who have tried to convince the technology ministry to shut Uber down, with them refusing. I hope Uber continues to operate in Colombia and use their legal means to fight this regulators who are not operating from a consumer benefit standpoint, but rather a political fight to protect a mafia that needs to be dismantled.