Cabbies lose Philly court case against Uber


via taxi-point https://ift.tt/2GmKl87
A Philadelphia court has this week re-affirmed that Uber did not breach anti-trust legislation, despite agreeing that ride-hailing app was damaging to the taxi industry.
The court also stated that Uber's pricing structure was of a benefit to customers, so long as they weren't operating a predatory pricing initiative, it also reinforced competition.
In a previous court hearing, it was argued that Uber were creating a monopoly via deliberate over-saturation of the marketplace and ignoring city regulations, thus driving cab companies to the brink of financial collapse. The court however, found no evidence to support the claim.
March 29, 2018 at 03:52PM https://ift.tt/2ufVjKI