Philly taxicab drivers down, but not out, after losing federal appeal against Uber | WHYY

A group of taxicab companies hoped the U.S. Court of Appeals for the 3rd Circuit would rule that Uber was violating antitrust laws by flooding the market with drivers. Instead, the panel sided with Uber, saying the San Francisco-based company hasn’t tried to form a monopoly, but “enhanced competition.”

“Running a business with greater economic efficiency is to be encouraged because that often translates to enhanced competition among market players, better products and lower prices for consumers,” wrote Judge Marjorie Rendell.

Lawyers representing the taxicab companies that sued Uber did not immediately return requests for comment.

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Philly taxicab drivers down, but not out, after losing federal appeal against Uber : Courts & Law : WHYY.

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