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U.S. appeals court rules for Uber in arbitration dispute

A U.S. appeals court on Thursday ruled in favor of Uber Technologies Inc in a lawsuit over whether passengers gave up their right to sue the company when they registered for its taxi-hailing service.

The 2nd U.S. Circuit Court of Appeals in New York vacated a lower court order that had denied motions by Uber and former Chief Executive Officer Travis Kalanick to compel arbitration.

It also said the named plaintiff in the proposed class action, Spencer Meyer, agreed as a matter of law to arbitrate his own claims with Uber.