Uber CEO Faces Class-Action Lawsuit Over Price Fixing (engadget.com)

Posted by BeauHD on Saturday April 2, 2016 @01:01AM from the all-about-the-money dept.

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.

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Re:Why the fuck can't taxies just offer good servi by gnupun · 2016-04-02 03:03 · Score: 1, Troll

There won't be if idiots like you keep supporting crony capitalism and keep creating legal hurdles for companies to jump through.

Speaking of hurdles, isn't this story about Uber setting up financial hurdles to prevent other internet taxi companies from entering the market and bankrupting the existing ones? Hypocritical much, mister crony? It's only bad if others do it, not your favorite company.