08:21 AM EDT, 08/19/2024 (MT Newswires) -- Uber Technologies ( UBER ) drivers in Kenya are ignoring fares computed by the ride-hailing app and charging their own higher rates, Reuters reported, citing drivers in Nairobi.

Drivers for Uber ( UBER ) and other ride-hailing apps message potential passengers and propose higher prices than those generated by the companies, Reuters said. Half of the customers agree to the new rates, one driver told Reuters.

A price war between Uber ( UBER ) and several other ride-hailing apps has driven down prices, causing drivers to spurn the rates produced by algorithms. Drivers collaborate on prices using walkie-talkie apps to prevent passengers from shopping around, Reuters reported.

Uber ( UBER ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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