$AU26m

Uber faces $AU26m fine after admitting to misleading customers

This admission was the result of an investigation by the Australian Competition and Consumer Commission (ACCC), which is suing Uber in the Federal Court.

Both parties are making joint submissions to the court for a fine of $AU26 million to be imposed.

Given that Uber has already admitted to breaching Australian consumer law, the court needs to decide on the appropriate penalty - which may end up being different to what Uber and the ACCC are seeking.