Uber raises commission for taxi fleet after acquisition

Uber has increased its commission rate for its "Uber Yellow Cab" fleet from 10% to 15% following its acquisition of Crown Taxi. This 50% increase in commission, effective immediately after the acquisition's approval, has angered drivers who feel their earnings are being significantly reduced. The move contrasts with the Fair Trade Commission's prior assessment that the merger would not lead to price increases, raising concerns about driver welfare and passenger safety.