Uber Dodges Another Antitrust Suit Claiming Predatory Pricing

Uber Technologies Inc. beat antitrust claims in San Francisco federal court, dodging another challenge to its business model one day after defeating predatory pricing claims in California state court.

The lawsuit accused Uber of dominating the San Francisco market by relying on its $25 billion “venture capital war chest” to weather losses while it undercut traditional taxis with below-cost prices. It was filed in the U.S. District Court for the Northern District of California by Flywheel Taxi, which says it’s the city’s oldest cab company.

Uber allegedly cements its 70% local monopoly with every ride it offers at a loss. ...