Australian competition watchdog sues Uber over misleading ride fares

Australian competition watchdog sues Uber over misleading ride fares
© Reuters. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid

(Reuters) – Australian competition watchdog said on Tuesday it is suing U.S-based Uber Technologies (NYSE:UBER) Inc after the ride-hailing platform admitted of misleading consumers about ride fare estimates and cancellation fees.

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