Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
April 2, 2016 02:00 pm

Uber CEO Faces Class-Action Lawsuit Over Price Fixing

An anonymous reader quotes a report from Engadget: Uber CEO Travis Kalanick will go to court over price fixing claims after he initially tried to get the lawsuit dismissed. U.S. district court judge in New York ruled Kalanick has to face the class of passengers alleging that he conspired with drivers to set fares using an algorithm, including hiking rates during peak hours with so-called surge pricing. According to Reuters, district court judge Jed Rakoff ruled the plaintiffs "plausibly alleged a conspiracy" to fix pricing and that the class action could also pursue claims the set rates led to the demise [of] other services, like Sidecar.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/_LEa_HCvHZ4/uber-ceo-faces-class-action-lawsuit-over-price-fixing

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot