Uber coughs up $271m to settle class action with disgruntled taxi plate owners

Uber has settled with a group of 8,000 upset Australian taxi drivers for a whopping $271.8m, the fifth largest class action in Australian history. They said that "Uber Australia and its parent companies knowingly operated illegally and therefore had an unfair advantage over taxi and hire car drivers who were complying with the law" back when Uber kicked off locally. While a massive portion of taxi drivers are shit (dodgy EFTPOS terminals, taking unnecessary long routes, refusing short fares, creepy towards women, etc. etc.), they are correct that Uber just waltzed on in, ignored the laws and then bent the laws to their will as more and more people preferred Uber to taxis. I wonder if Uber has even made $271m of profit in Australia over the years?


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