Australia Fines Uber 14 Mln For Misleading On Fares And...

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"We want to stay at the apex of payments innovation, and our new location in Athens will be a key nerve centre for our cutting edge payments innovation work," said Takis Georgakopoulos, Global Head of JPMorgan Payments.



deterring contraventions of the Australian Consumer Law", Cass-Gottlieb added. The judge had made clear that the lower penalty "should not be understood as any reduction in the court's resolve to impose penalties appropriate to ...

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The Payments Innovation Lab will provide research and development to the bank's global payments business, including working with Onyx, JP Morgan's business unit that leverages cutting-edge technologies like blockchain.

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The nearest metro station is a 30 minute drive away.
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ACCC Chair Gina Cass-Gottlieb said in a statement that the fine "clearly signals to businesses that misleading consumers about the cost of a product or service is a serious matter which can attract substantial penalties".

The Australian Competition and Consumer Commission (ACCC), Meteora guided tour which brought the case against Uber, taxi online Katigiorgis greece and the tech firm had already agreed on a fine of A$26 million, but O'Bryan told the court the evidence provided by both sides was "grossly inadequate", leaving him to speculate on the harm to consumers.

Judge Michael Hugh O'Bryan said in a written ruling that by supplying inaccurate information on its smartphone app, Uber "would be expected to lead a proportion of consumers to alter their decision and not proceed with the cancellation and perhaps deter future cancellations", while distorting demand for its service.

ride-sharing app broke consumer law by misleading customers with warnings they would be charged for Pelion greece taxi prices cancelling some rides from 2017 to 2021 and by using an inaccurate software algorithm to estimate fares for a taxi service it offered until August 2020, Pelion greece taxi fare to airport the Federal Court ruled.

SYDNEY, Dec 7 (Reuters) - An Australian court fined Uber Technologies Inc A$21 million ($14 million) on Wednesday for taxi from Pelion to delphi threatening cancellation fees it never charged and overstating fare estimates on some rides.

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