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Why Uber drivers could still gain the upper hand in settlement deal

Breakingviews
Reynolds Holding

Uber is getting off cheaply in its deal with disgruntled U.S. drivers. Treated as employees rather than independent contractors, the ride-hailing service might have had to pay them as much as $730 million more, according to court papers. That makes a $100 million settlement of two class-action lawsuits look like peanuts.