• By Peter Hoskins
  • Business reporter

Image source, Getty Images

Uber has agreed to pay A$271.8 million ($178.3 million; £140 million) to settle a lawsuit in Australia, a law firm for taxi companies and drivers said.

Maurice Blackburn Lawyers filed the class action on behalf of more than 8,000 taxi and rental car owners and drivers.

The case alleged that they lost revenue when the giant ‘aggressively’ entered the country.

“Uber has fought tooth and nail at every point along the way,” the law firm said.

“Since 2018, Uber has made significant contributions to several state-level taxi compensation schemes, and with today’s proposed settlement we have placed these legacy issues firmly in our past,” Uber said in a statement.

The company did not disclose the size of the proposed settlement.

“It would be inappropriate to comment on details until the agreement has been finalized and the settlement has been disclosed to the court,” the report said.

The class action was filed against Uber in the Supreme Court of the Australian state of Victoria in 2019.

“This case has succeeded where so many others have failed. Lawsuits have been brought against governments in Victoria, Queensland and Western Australia, all of which have failed,” said Michael Donelly, lead lawyer at Maurice Blackburn.

“What our group members asked for was not another set of excuses – but an outcome – and today we delivered it for them,” he added.

Before any payout can be made, the court must still approve the proposed settlement because it is in the best interests of the class members.

Founded in 2009, San Francisco-based Uber operates in approximately 70 countries and more than 10,000 cities worldwide.

Over the years it has faced protests from taxi drivers in cities around the world.

In December 2023, the company won a lawsuit brought against it by 2,500 taxi drivers in France.

A commercial court in Paris ruled that Uber had not committed acts of unfair competition.

The taxi drivers had demanded 455 million euros.

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