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Uber Settles for $178 Million with Australian Taxi Drivers

The historic settlement resolves a lawsuit filed over income and license value losses since Uber's 2012 market entry.

A pedestrian walks past a row of taxis in central Sydney on March 18, 2024. Australian taxi drivers impacted by the rise of ridesharing giant Uber have won US$178 million in compensation, lawyers said on March 18 after settling a gruelling legal battle. More than 8,000 taxi drivers and hire car owners banded together to launch legal action in 2019, arguing they lost substantial income when Uber entered Australia in 2012. (Photo by DAVID GRAY / AFP) (Photo by DAVID GRAY/AFP via Getty Images)
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Overview

  • Uber to pay $178 million in compensation to over 8,000 Australian taxi and hire car drivers after a class-action lawsuit.
  • The lawsuit was filed in 2019, alleging income and license value losses due to Uber's market entry in 2012.
  • Uber's settlement marks the fifth-largest class-action settlement in Australian legal history.
  • Uber faced accusations of operating illegally with unlicensed cars and unaccredited drivers in its early years in Australia.
  • The settlement aims to resolve legacy issues, with Uber now regulated across all Australian states and territories.