Posted 3/18/2024, 1:11:54 AM
Uber to Pay $178 Million to Settle Lawsuit with Australian Drivers Impacted by Rideshare Launch
- Uber will pay $178 million to settle dispute with Australian taxi and hire car drivers who lost business when Uber entered the market
- Settlement resolves a class action lawsuit representing 8,000 drivers that was set to go to trial
- Uber launched in Australia in 2012 and disrupted the taxi industry with its rideshare model
- Uber says the issues raised were "legacy issues" from when rideshare regulations didn't exist
- Settlement is the 5th largest class action settlement in Australia's history
