Taxi-hailing apps accused of scheming with Uber to inflate prices

Share via:



A group of technology companies that make apps for taxi-hailing services is facing a new lawsuit for allegedly colluding with Uber to keep passenger prices artificially high around the United States. The proposed class action, filed on Monday in the federal court in Manhattan, accused Curb Mobility, Flywheel Technologies, Creative Mobile Technologies and its subsidiary ARRO of violating antitrust law through a business partnership with Uber that integrated their technology into its app.

The lawsuit alleged the arrangements have led to “uniform or…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Taxi-hailing apps accused of scheming with Uber to inflate prices



A group of technology companies that make apps for taxi-hailing services is facing a new lawsuit for allegedly colluding with Uber to keep passenger prices artificially high around the United States. The proposed class action, filed on Monday in the federal court in Manhattan, accused Curb Mobility, Flywheel Technologies, Creative Mobile Technologies and its subsidiary ARRO of violating antitrust law through a business partnership with Uber that integrated their technology into its app.

The lawsuit alleged the arrangements have led to “uniform or…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

I test TVs for living, and these are the...

After a day’s work of reporting on the TV...

New Rule Forbids GNOME Shell Extensions Made Using AI-Generated...

An anonymous reader shared this report from Phoronix: Due...

Popular