Black cab drivers claim Uber illegally obtained London licence in lawsuit [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
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Source: Yahoo! Finance
More than 10,000 cabbies have signed up to the lawsuit, which lawyers claim could result in compensation of £25,000 per driver. The High Court claim comes just weeks after Uber sought to bury a long-running battle with black cab drivers by allowing them to accept rides through its app The legal action is being brought by claims company RGL Management and lawyers at Mishcon de Reya. They said they had signed up close to 11,000 taxi drivers – more than half of the roughly 18,000 registered in the capital. The claim alleges that Uber entities carried out an illegal conspiracy to improperly obtain a private hire operator licence from Transport for London, misleading the transport authority about its business model. It alleges that while Uber told the regulator that the company handled all bookings, its operating model in fact devolved responsibility to individual drivers, in contravention of laws governing the industry. The claimants say that Uber unlawfully gained market share
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