Egypt: Regulator warns Uber, Careem of merger

Egypt: Regulator warns Uber, Careem of merger

The Board of Directors of the Egyptian Competition Authority (ECA) issued several temporary measures aimed to protect the gains resulting from the existing competition between Uber and Careem as well as to prevent adverse effects which may arise from the effect of any planned agreement or contract that might influence the competition between both companies.  […]

Singapore: Uber to appeal regulator’s decision on Grab deal

Singapore: Uber to appeal regulator’s decision on Grab deal

On Monday, October 22, Uber announced it will appeal a decision by Singapore’s antitrust watchdog that its merger with Grab violated the city-state’s competition laws, reported Reuters. Last month, Competition and Consumer Commission of Singapore (CCCS) slapped a US$9.5 million combined fine on Uber and Grab, ruling that the former’s takeover of the latter’s Southeast Asia operations […]

Philippines: Watchdog fines on Grab, Uber

Philippines: Watchdog fines on Grab, Uber

The Philippine Competition Commission (PCC) has slapped a 12 million peso (US$222,563) fine on ride-hailing platform Grab and another 4 million peso (US$74,190) fine on its former rival Uber for violating the anti-trust watchdog’s orders regarding their merger. In August, the PCC approved Grab’s acquisition of its rival Uber subject to several conditions such as improved […]

US: Appeals Court hands Uber class-action victory

US: Appeals Court hands Uber class-action victory

Uber Technologies won a legal victory on Tuesday, September 25, as a federal appeals court decided decided drivers seeking to be classified as employees rather than independent contractors must arbitrate their claims individually, and not pursue class-action lawsuits. In a 3-0 decision, the 9th US Circuit Court of Appeals in San Francisco reversed a lower […]

US: NY AG announces US$148m Uber settlement

US: NY AG announces US$148m Uber settlement

Ride hailing service Uber agreed to pay a US$148 million penalty over a massive 2016 data breach which the company concealed for a year, the company and state officials announced Wednesday, September 26. The agreement stems from a breach affecting some 57 million Uber riders and drivers disclosed by the California company, prompting litigation that […]

Singapore: CCCS finds Grab/Uber abused dominance, imposes remedies

Singapore: CCCS finds Grab/Uber abused dominance, imposes remedies

Grab and Uber were slapped with fines and restrictions after the Competition and Consumer Commission of Singapore (CCCS) concluded the merger between the two resulted in higher prices. Reuters, citing the CCCS, reported the combined US$9.5 million in fines was small compared to the companies’ valuations; it, along with other measures, marks the largest actions […]

US: Seattle’s Ride-Hail Union Law saga continues

US: Seattle’s Ride-Hail Union Law saga continues

According to a report by Bloomberg, Seattle couldn’t convince the full panel of the Ninth Circuit to reconsider its bid to throw out an antitrust challenge to a city ordinance that lets ride-hail drivers join unions. The case will now proceed before Judge Robert Lasnik in the US District Court for the Western District of […]

UAE: Uber in talks to buy ride-hailing rival Careem

UAE: Uber in talks to buy ride-hailing rival Careem

Ride-hailing company Uber Technologies is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on Monday. We believe the consumer internet opportunity in the region is massive and untapped,” Careem said in an emailed statement. “In the last couple of years, the rest of the world […]

US: New suit filed against Uber for misclassifying drivers

US: New suit filed against Uber for misclassifying drivers

Uber Technologies is facing a lawsuit that claims the ride-hailing company is misclassifying drivers in California as independent contractors in order to save money. According to a report in Bloomberg citing the lawsuit, the complaint alleges that Uber is able to avoid paying US$9.07 an hour in expenses and benefits to drivers that they would […]

US: Toyota ties up with Uber

US: Toyota ties up with Uber

Toyota is gearing up to invest US$500 million in ride-hailing company Uber as part of a deal to work on self-driving vehicles with an eye toward making them safer and lowering the cost of transportation. The Wall Street Journal, citing people familiar with the matter, reported the investment on the part of Toyota values Uber […]