Uber CEO to face class action lawsuit over price fixing

  • Thread starter Thread starter Yoni Heisler
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Yoni Heisler

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Despite Uber's best efforts, the ridesharing company was unable to persuade a U.S. District Court judge to dismiss a pending class action lawsuit against company CEO Travis Kalanick over price fixing allegations. According to the suit, Kalanick, through the use of the Uber algorithm which determines rates and surge pricing charges in real-time, effectively conspired with the company's army of drivers in an elaborate price fixing scheme.

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