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1. 1If drivers are legally treated as employees or another worker category rather than independent contractors, Uber may face higher pay, benefits, tax and other costs; the latest quarterly report also describes ongoing legal and government challenges to driver classification.
2. 2Ride, delivery and freight services compete with established companies and alternatives such as personal vehicles, taxis, public transport and merchants’ own delivery. Uber says it may use lower prices, driver incentives and customer discounts to compete, and may have difficulty attracting or retaining enough participants in its marketplaces.
3. 3Rules for transportation, worker status, payments, privacy and competition differ across jurisdictions and can change. Restrictions, required licenses, investigations or changes to how Uber may price or operate could disrupt services or add costs.