SYDNEY — Global rideshare giant Uber will pay 272 million Australian dollars to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market. A class action against Uber had been expected to go to trial in the Supreme Court of Victoria on Monday, but Maurice Blackburn Lawyers — representing 8,000 taxi and hire car drivers — said the case will be dropped because Uber agreed to the financial settlement.
“On the courtroom steps and after years of refusing to do the right thing by those we say they harmed, Uber has blinked, and thousands of everyday Australians joined together to stare down a global giant,” he said. An Uber statement described the complaints of the taxi industry as “legacy issues” and said rideshare regulations did not exist anywhere in the world when the company started more than a decade ago.
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