Uber settles dispute with Australian taxi, hire car drivers for USD272M.

Uber agrees to pay AUD 272 million (USD 178 million) to settle a dispute with Australian taxi and hire car drivers who suffered losses due to Uber's market entry in 2012. The case, involving over 8,000 drivers, is the fifth-largest class action settlement in Australian legal history. Uber has contributed to state-level taxi compensation schemes since 2018 and aims to address "legacy issues" with the settlement.

March 17, 2024
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