Taxi drivers win as Uber settles class action

AutoExec Summary
Uber has agreed to pay over $270 million to settle a class action lawsuit by Australian taxi and hire car drivers who claimed to have lost income and value on their licences following Uber’s arrival in 2012. Maurice Blackburn Lawyers led the five-year class action, which is the fifth-largest settlement in Australian history. The lawsuit alleged Uber illegally operated in Australia and misled regulators. Uber defended itself, stating that ridesharing regulations did not exist when it launched locally. The company plans to become a zero-emissions company by 2040.

Brands mentioned: Uber,