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Justice Department sues Uber for allegedly discriminating against people with disabilities

1. The DOJ has filed a lawsuit against Uber for disability discrimination. 2. Uber allegedly charges extra fees to disabled riders requiring special accommodations. 3. Past lawsuits and settlements indicate a concerning history for Uber on this issue. 4. This lawsuit could lead to significant financial penalties for Uber again. 5. Uber was previously notified about investigations into its treatment of disabled riders.

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FAQ

Why Very Bearish?

The lawsuit signals potential for substantial fines and reputational damage. Historical instances, like the 2022 settlement, demonstrate past price drops following similar news.

How important is it?

The DOJ's actions carry serious implications for Uber's business practices and financial stability. Increased scrutiny may deter potential customers and investors.

Why Long Term?

Protracted legal battles and possible financial penalties could affect Uber’s operations for years. Changing public perception and customer trust may also linger.

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