Automotive Law360 provides breaking legal news and analysis on the automotive industry. Coverage includes litigation, policy developments, and deals involving auto manufacturers, auto dealers, auto parts sellers, car rental services, auto finance lending companies, and trucking and delivery companies.
A Massachusetts federal judge on Monday nixed amended antitrust claims from hundreds of Boston-area taxi companies in consolidated suits accusing Uber of unfairly pricing its ride-hailing services to monopolize the market, saying there’s no evidence Uber set artificially low rates or set out to destroy competition.
Lyft Inc. sought Friday to drop off a proposed class action alleging it sent unwanted text messages in violation of the Telephone Consumer Protection Act, arguing in California federal court that the consumers hadn't even shown how Lyft itself was responsible for sending the messages.
Tow truck and trailer equipment maker Horizon Global Corp. has dropped its planned €169 million ($198.9 million) purchase of the Brink Group after competition authorities in the United Kingdom and Germany raised concerns over the remaining towbar suppliers in the market if the deal went through.
Software provider CDK Global LLC urged an Illinois federal judge on Monday to reject what it called overbroad discovery demands from plaintiffs in consolidated multidistrict litigation alleging CDK monopolized access to car sales and service data in software licensed to auto dealerships, saying documents related to a recently scuttled acquisition are irrelevant.
Ally Financial Inc. will pay $19.7 million to end a putative class action alleging the bank holding company subjected vehicle buyers to extra fees not listed on their lease-to-own agreements, according to a settlement agreement filed Friday in Florida federal court.