Saturday, 2 April 2016

Uber's CEO Is Being Sued For Price-Fixing

Uber's CEO Is Being Sued For Price-Fixing

Travis Kalanick, founder and Chief Executive Officer of Uber, really didn't want to deal with a lawsuit brought against him by one angry former customer: for the past three months, his lawyers have been trying to get the judge to drop the case, which claims that Uber's pricing algorithm violates antitrust laws. But yesterday, Manhattan judge Jed Rakoff ruled that he won't dismiss the suit, which is seeking class-action status on behalf...
Read more: http://snapzu.com/geoleo/ubers-ceo-is-being-sued-for-price-fixing

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