Friday, November 22, 2024

Uber agrees to pay $178 million to Australia taxi drivers

  • By Peter Hoskins
  • Business Correspondent

image source, Good pictures

Uber has agreed to pay A$271.8m ($178.3m; £140m) to settle a lawsuit in Australia, according to the Law Society for Taxi Operators and Drivers.

Maurice Blackburn attorneys filed the class action on behalf of more than 8,000 taxi and rental car owners and drivers.

The lawsuit alleges that they lost revenue when the ride-hailing giant “aggressively” moved into the country.

“Uber fought tooth and nail at every point along the way,” the law firm said.

“Since 2018, Uber has made significant contributions to various state-level taxi compensation programs, and with today's proposed settlement, we put these legacy issues firmly in our past.” Uber said in a statement.

The company did not disclose the size of the proposed settlement.

“It is inappropriate to comment on the details until the agreement is finalized and the settlement disclosed to the court,” it said.

A class action against Uber was filed in 2019 in the Supreme Court of the State of Victoria, Australia.

“This case has succeeded where many others have failed. In Victoria, Queensland and Western Australia, cases have been brought against governments and they have all failed,” Maurice Blackburn principal lawyer Michael Donnelly said.

“What our board members asked for was not another excuse — but an outcome — and we've delivered that for them today,” he added.

The court still needs to approve the proposed settlement in the best interests of the team members before any payment is made.

Over the years, it has faced protests from taxi drivers in cities around the world.

In December 2023, the company won a lawsuit brought against it by 2,500 taxi drivers in France.

The Paris Commercial Court ruled that Uber did not engage in unfair competitive practices.

Taxi drivers have claimed €455m ($495.4m; £389m).

Related Posts

Live Betting vs Traditional Betting: Pros and Cons

Betting has evolved over time. From placing wagers before...

Women in Casinos: Transforming the Esports Industry

The gaming world is changing. For years, men dominated...

Typhoon Kang-rae makes landfall in Taiwan with powerful winds

After authorities closed schools, offices and financial markets, evacuated...

Dow Jones Futures: Microsoft, Meta Earnings Beat; Robinhood Dives, Crypto Place Fall

Dow Jones futures fell overnight, while S&P 500 futures...

Israel orders evacuation of Baalbek residents in eastern Lebanon

Israel's military warned residents of the eastern Lebanese town...

All support Reddit

New York Stock Exchange Reddit, Inc. (NYSE: RDDT) is...