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Uber to Pay Australian Taxi Drivers $178 Million to Settle Suit

Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income when the ride-share company entered the local market.Uber Technologies Inc. settled the class action brought by more than 8,000 taxi and hire car owners and drivers, Maurice Blackburn Lawyers, which filed the suit in 2019, said Monday. The law firm described the payment as the fifth-largest class action settlement in Australian legal history....

Read more at bloomberg.com

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