Journey share big Uber can pay practically $272 million to Australian taxi operators – the fifth-largest class motion settlement in Australian authorized historical past – after it settled following a five-year authorized battle.
The category motion, introduced by Maurice Blackburn Attorneys in 2019, was filed on behalf of greater than 8000 taxi and rent automobile homeowners and drivers who mentioned they misplaced revenue when Uber entered the Australian market.
“Uber fought tooth and nail at each level alongside the best way, daily, for the 5 years this has been on foot, making an attempt at each flip to disclaim our group members any type of treatment or compensation for his or her losses,” Maurice Blackburn principal Michael Donelly mentioned.
“However on the courtroom steps and after years of refusing to do the proper factor by these we are saying they harmed, Uber has blinked, and hundreds of on a regular basis Australians joined collectively to stare down a world big.
“This will likely be one of many prime 5 class motion settlements in Australian authorized historical past – placing past any doubt that Uber has been held to account for its actions.”
Uber was contacted for remark.
The US-based firm is at the moment value about $US157 billion ($240 billion). Late final 12 months Uber listed taxis on its app in Melbourne, a partnership that previously would have been unthinkable.
When Uber launched in Australia in 2014, taxi drivers went on strike and took to the streets to protest.