Uber Wins Bid to Throw Out £340m Black Cab Lawsuits

Taiwan's Fair Trade Commission (FTC) blocked Grab's $600M acquisition of foodpanda's Taiwan operations, citing concerns over Grab's ties to Uber and potential market competition reduction. Grab expressed disappointment, while delivery worker groups welcomed the decision. The FTC suggested Uber may need to reduce or divest its stake in Grab to address concerns.

Uber (UBER) faces a £1bn tax dispute with UK authorities, set for court. A London court dismissed drivers' claims as time-barred. Uber Eats now delivers John Lewis items within 30 minutes, expanding its rapid delivery service.

Uber (UBER) won dismissal of a £340M ($453M) lawsuit in London, filed by black cab drivers and private-hire companies, due to late filing. The case accused Uber of providing misleading information to regulators. The dismissal removes a significant legal risk for Uber in a key market, though it does not address the allegations' merits. Investors may still face future litigation or regulatory challenges.

A London High Court judge ruled Oct. 19 that two taxi claims totaling £340 million against Uber were filed too late, dismissing them. The claims, filed in 2024, alleged Uber misled regulators and caused lost earnings from 2012 to 2018. Uber denied the allegations. The judge found the claims were filed outside the legal deadline.

Uber won a High Court ruling dismissing £340M claims by 13,300 London black cab drivers and Justin Peters. The court ruled the claims were time-barred, as the drivers could have discovered the alleged fraud earlier. The case involved Uber's entry into London's private hire market and alleged misconduct. Uber denied all allegations, and the ruling did not address the merits of the case.

Uber avoided a £340M lawsuit from 13,000 London cab drivers and former private hire companies Kabbee and Iride after a judge ruled the claims were filed too late. The lawsuit alleged Uber misled Transport for London to secure its operating license, seeking £200M in lost earnings and £140M from the companies. The judge dismissed the case without deciding on the merits, as the claims were filed beyond the six-year limit. Uber denies the allegations.