Uber Hit With £250 Million Suit From London’s Black-Cab Drivers

Uber Technologies Inc. was sued by thousands of London’s black-cab drivers in a suit seeking hundreds of millions of pounds, accusing it of unlawfully operating in the capital city.

The claim alleges Uber improperly obtained a license to operate in the city and made unlawful gains for at least six years from 2012, RGL Management Ltd., the firm running the claim, said. Uber’s operating system did not comply with the requirements of the UK’s laws on private-hire vehicles.

The claimants also say that Uber’s intention was to gain market share unlawfully and, by necessity, take business from existing black-cab drivers. ...