🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

UPDATE 2-Uber faces lawsuit by Australian taxi drivers for 'illegal operations'

Published 03/05/2019, 05:31 pm
© Reuters.  UPDATE 2-Uber faces lawsuit by Australian taxi drivers for 'illegal operations'

* Class action seeks reparation for financial harm

* Uber denies it operated illegally

* Size of claim to be determined in court or settlement (Updates Uber comment)

SYDNEY, May 3 (Reuters) - A law firm filed a class action against Uber Technologies Inc UBER.N on behalf of thousands of taxi and chartered drivers in Australia, accusing the world's largest ride-hailing company of operating illegally and harming them financially.

The lawsuit, filed on Friday at the Victoria Supreme Court by law firm Maurice Blackburn, was brought on behalf of about 6,000 drivers and taxi licence owners from across four Australian states, the lawyers said in a statement.

"This will be a landmark case regarding the alleged illegal operations of Uber in Australia and the devastating impact that has had on the lives of hard-working and law-abiding citizens here," Andrew Watson, Maurice Blackburn national head of Class Actions, said in a statement.

An Uber spokeswoman said the company had not been served with a class action claim and denied it operated illegally.

"Uber denies this allegation and, if a claim is served making it, the claim will be vigorously defended," she said in an emailed statement.

"We will continue our commitment to delivering a great experience to Australians in all the cities where we operate."

The damages being sought could be "in the hundreds of millions of dollars", but would be determined as part of the case or settlement negotiations, a Maurice Blackburn spokesman said.

Uber has proved popular with the Australian public, even in the face of resistance from the taxi industry and local authorities.

The lawyers allege Uber knew its operations in Australia were illegal for a number of reasons, including that it "adopted a policy to operate in any market where the regulator had tacitly approved doing so by failing to take direct enforcement action."

The loss-making ride hailing firm is planning to list in the United States at a valuation of up to $91.5 billion in an initial public offering.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.