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Uber Appears to Settle Last Major Antitrust Challenge by a Rival

Aug. 27, 2021, 3:40 PM

Uber Technologies Inc. has reached an apparent settlement of the last remaining antitrust challenge to its business model, a predatory pricing lawsuit by defunct rival Sidecar that was advancing in a federal court in San Francisco.

The two sides docketed a joint stipulation late Thursday in the U.S. Court for the Northern District of California indicating that Sidecar was withdrawing its monopolization claims against the tech giant.

The filing doesn’t expressly state that they have a deal, but Sidecar is dropping the suit with prejudice, meaning it’s voluntarily giving up the right to refile it. Such a move normally indicates ...