Australian regulator sues Uber for misleading fares, seeks $19m penalty

Australian regulator sues Uber for misleading fares, seeks $19m penalty

REUTERS/Luisa Gonzalez

Australia’s competition watchdog is suing Uber Technologies Inc and seeking a A$26 million ($18.69 million) fine from the ride-hailing platform after it admitted to misleading consumers about ride fare estimates and cancellation fees.