Uber fights against the antitrust lawsuit
Uber is one of the leading ride sharing companies in the United States of America, and the business values sixty two billion dollars. According to the company’s pricing algorithm, during normal conditions the company collects standard fares but during holidays or heavy traffic and bad weather the pricing increases. And this hike in the fare is called as surge pricing.
Spencer Meyer a customer from Connecticut filed a case against the ride sharing company’s application which is used by the drivers to increase the surge pricing fares. And the company’s CEO Travis Kalanick argued that the conspiracy involving hundreds of drivers is improbable and impossible but in March the United States District Judge
Uber is one of the leading ride sharing companies in the United States of America, and the business values sixty two billion dollars. According to the company’s pricing algorithm, during normal conditions the company collects standard fares but during holidays or heavy traffic and bad weather the pricing increases. And this hike in the fare is called as surge pricing.
Spencer Meyer a customer from Connecticut filed a case against the ride sharing company’s application which is used by the drivers to increase the surge pricing fares. And the company’s CEO Travis Kalanick argued that the conspiracy involving hundreds of drivers is improbable and impossible but in March the United States District Judge