Uber,a transport company, has agreed to a settlement amounting to about $178.3million over a lawsuit filed against the company in Australia by taxi operators and drivers.
This development was confirmed by Maurice Blackburn Lawyers, the law firm representing over 8,000 taxi, hire car owners and drivers involved in the case where they accused the company of making them suffer loss due to Uber’s aggressive entry into the Australian Market.
Although Uber vigorously contested the case at every point, the law firm says the company is ready to settle.
The Company acknowledging the settlement statement said “Since 2018,Uber has made significant contributions into various state-level taxi compensation schemes and with the proposed settlement, we put these legacy issues firmly in our past.”
Uber however didn’t comment on the post the exact amount of the settlement saying that they would not be commenting on specifics of the settlement until the agreement is finalized in court.
The company had notably also prevailed over a lawsuit in December 2023 brought by 2,500 taxi drivers in France when a Paris commercial court ruled in favor of Uber rejecting the claim of the drivers for unfair competition.
