Re: Couldn't happen to a nicer company
The fine will ultimately be paid by its customers; the taxi passengers
Not really. Uber can't just increase prices to compensate because they're already being squeezed by competitors. They're already suffering huge losses. If they could increase prices by x% with no loss of custom then they would have done so already. As a result of this fine Uber will actually have to report lower profits (or in their case higher losses)