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AAP
AAP
National
Karen Sweeney

Uber fined for overestimating fare prices

Rideshare company Uber will pay a $21 million fine after admitting it overestimated fees for services and advertised a possible cancellation fee that it never charged.

The fine is $5 million less than the one proposed by Uber and the Australian Competition and Consumer Commission, which took the rideshare giant to the Federal Court over misleading and deceptive practices.

The suggested $26 million penalty "greatly exceeds any amount I consider to be appropriate", Justice Michael O'Bryan said in handing down his thoughts on the case on Wednesday.

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