Uber Hit With £250 Million Suit From London’s Black Cab Drivers

Bloomberg05-02

(Bloomberg) -- Uber Technologies Inc. was sued by thousands of London’s black cab drivers in a suit seeking hundreds of million pounds accusing it of unlawfully operating in the capital city. Most ...

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Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online. Biden Calls Ally Japan ‘Xenophobic’ Along With China, Russia. Huawei Secretly Backs US Research, Awarding Millions in Prizes. Tesla Axes Supercharger Team in Blow to Broader EV Market. The claim alleges Uber improperly obtained a license to operate in the city and made unlawful gains for at least six years from 2012, RGL Management Ltd., the firm running the claim, said. Uber’s operating system did not comply with the requirements of the UK’s laws on private hire vehicles.The claimants also say that Uber’s intention was to gain market share unlawfully and, by necessity, take business from existing black cab drivers.“Uber knew this at all material times; and that in order to obtain its ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4585":"ETF&股票定投概念","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4536":"外卖概念","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4535":"淡马锡持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4588":"碎股","BK4550":"红杉资本持仓","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4503":"景林资产持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4551":"寇图资本持仓","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","UBER":"优步","BK4022":"陆运","BK4505":"高瓴资本持仓","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","BK4230":"旅客陆运","SG9999015978.USD":"利安颠覆性创新基金A","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC"},"translate_title":"优步遭遇伦敦黑色出租车司机2.5亿英镑的诉讼","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UBER":1},"content_text":"(Bloomberg) -- Uber Technologies Inc. was sued by thousands of London’s black cab drivers in a suit seeking hundreds of million pounds accusing it of unlawfully operating in the capital city.\nMost Read from Bloomberg\n\nUS and Saudis Near Defense Pact Meant to Reshape Middle East\nSaudi Arabia Steps Up Arrests Of Those Attacking Israel Online\nBiden Calls Ally Japan ‘Xenophobic’ Along With China, Russia\nHuawei Secretly Backs US Research, Awarding Millions in Prizes\nTesla Axes Supercharger Team in Blow to Broader EV Market\n\nThe claim alleges Uber improperly obtained a license to operate in the city and made unlawful gains for at least six years from 2012, RGL Management Ltd., the firm running the claim, said. Uber’s operating system did not comply with the requirements of the UK’s laws on private hire vehicles.\nThe claimants also say that Uber’s intention was to gain market share unlawfully and, by necessity, take business from existing black cab drivers.\n“Uber knew this at all material times; and that in order to obtain its license Uber deliberately misled Transport for London as to how that operating system worked,” RGL, which is managing the claim, said.\nThe fresh dispute resurfaces old tensions for the ride hailing platform that’s faced multiple setbacks since entering the London market. Transport for London first refused to renew its license to operate in 2017 on safety and regulatory concerns, and again in 2019. Both times Uber successfully appealed those decisions.\nIt was also forced to overhaul its business model after the UK Supreme Court ruled that its drivers needed to be re-classified as workers - in a bitter employment dispute that said its drivers should get holiday and pensions.\nThe claims are old and “completely unfounded,” Uber’s spokesperson said. “Uber operates lawfully in London, is fully licensed by TfL.”\nMore than 10,800 drivers have joined the suit with potentially more to come. “It is anticipated that the total claim value could ultimately exceed £250 million ($313 million) including interest,” RGL said.\nThe lawsuit comes after the tech giant’s move to allow its app users to hail black cabs as part of the company’s expansion plans to become a one-stop transportation hub including bookings for intercity trains and car rentals. \nMost Read from Bloomberg Businessweek\n\nWill GM Regret Kicking Apple CarPlay off the Dashboard?\nAI Is Helping Automate One of the World’s Most Gruesome Jobs\nChina Launches Rockets From Sea in Bid to Win the Space Race\nElon Musk vs. Jeff Bezos Is America’s New Moon Race\nModi Is $20 Trillion Short on His Grand Plan for India’s Economy\n\n©2024 Bloomberg L.P.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432198988"}