Oliver Peterson: Australian correspondent on Uber being forced to pay over $270 million in compensation to taxi operators and drivers

Over in Australia, rideshare giant Uber has been forced to pay over $270 million to compensate taxi drivers and operators. Taxi companies across the nation took legal action after they claimed they lost years worth of income when Uber moved into the country. Australian correspondent Oliver Peterson says this is the fifth largest settlement in Australian history. LISTEN ABOVE  See omnystudio.com/listener for privacy information.