UBER

Uber Technologies (NYSE:UBER) finally sees the end of a two-year-long investigation by the City of Chicago by paying a penalty of $10 million. The investigation revealed that Uber listed restaurants on its platform without their consent. Also, the company violated the city's 15% delivery fee cap that was placed during the pandemic by charging them more. Of the total penalty, Uber is required to pay $2.25 million to the restaurants that were charged higher commissions. Another $2.5 million will be paid as commission waivers to restaurants that were listed without consent. About $0.5 million will be paid to restaurants that Uber wrongly listed on its meal delivery platforms. Lastly, $1.
https://www.tipranks.com/news/uber-nyseuber-settles-a-pandemic-dispute-with-a-million-dollar-penalty?utm_source=advfn.com&utm_medium=referral