Bearish
Uber fined €825 million by Dutch regulators over automated driver suspensions
In the past 24 hours, Uber Technologies Inc. (NYSE: UBER) has faced significant regulatory challenges. The Dutch Data Protection Authority imposed a €825 million fine on Uber for violating the EU's General Data Protection Regulation by using automated software to suspend driver accounts without human oversight between 2018 and 2022. Uber plans to appeal the decision, arguing that the policies in question are outdated and that current systems include human reviews and allow drivers to challenge decisions.
Key points
- Uber fined €825 million by Dutch regulators over automated driver suspensions
Sources
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