The class action was brought on behalf of more than 8,000 taxi and hire car owners and drivers
8m to settle a lawsuit in Australia, according to a law firm for taxi operators and drivers.
Maurice Blackburn Lawyers filed the class action on behalf of over 8,000 taxi and hire car owners and drivers.
"Uber fought tooth and nail at every point along the way," the law firm said.
"Since 2018, Uber has made significant contributions into various state-level taxi compensation schemes, and with today's proposed settlement, we put these legacy issues firmly in our past," Uber said in a statement.
The class action was filed against Uber in 2019 in the Supreme Court of Australia's Victoria state.
Over the years, it has faced protests by taxi drivers in cities around the world.
In December 2023, the company won a lawsuit brought against it by 2,500 taxi drivers in France.
A Paris commercial court ruled that Uber had not committed acts of unfair competition.
The taxi drivers had been seeking €455m. Uber makes changes to Super Bowl ad after backlash.
We've also added new sections that you will find in the top navigation bar such as Innovation, Business, Earth and an exciting new live page where you can see the latest breaking news and updates as they are happening.