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  • Uber slams £340m London cabbie case as ‘completely unfounded’

    Tech

    Uber slammed a court case brought against it by thousands of black cab drivers as “completely unfounded” on Monday as the £340m lawsuit headed to trial. The preliminary hearing, which took place at the High Court, marks the first major test in one of the UK’s biggest competition and damages claims, brought by the 13,000 [...]

    Shares in Uber tumbled more than five per cent in pre-market trading as earnings missed analyst expectations.

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