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FTC Hands Lyft $2.1M Fine for Misleading Drivers on Pay
Lyft joins Uber, which was also handed a multi-million fine for failing to be transparent with workers about their true earning potential.
Lyft agrees to pay $2.1 million penalty after FTC says company made 'deceptive' claims about how much drivers can earn
The US Department of Justice filed a lawsuit against Lyft on Friday, and the rideshare company agreed to a proposed settlement that same day.
FTC hits Lyft with $2.1M penalty for luring drivers with false earnings claims
Lyft has agreed to a $2.1 million settlement proposed by the FTC over the car-hailing company's "deceptive earnings claims about how much money drivers
Lyft to Pay $2.1 Million to Settle FTC Case on Misleading Ads About Drivers Pay
The regulator alleged that as Covid-19 restrictions eased in 2021 and 2022, Lyft made numerous false and misleading claims about how much money drivers could make if they chose to join the ridesharing platform.
Lyft fined $2.1 million for misleading ads about how much drivers could make
The Federal Trade Commission (FTC) announced Friday that rideshare company Lyft has agreed to pay $2.1 million as part of a proposed settlement that requires it to change how it advertises driver pay.
Lyft ordered to scale back its promises about driver earnings
The Federal Trade Commission is taking action against Lyft for misleading drivers about how much they could earn per hour and with special incentives. L
Lyft Agrees To Pay $2.1 Million To Settle Allegations It Duped Drivers By Exaggerating Earnings
It is illegal to lure workers with misleading claims about how much they will earn on the job,' said Federal Trade Commission Chair Lina Khan
Lyft to pay Federal Trade Commission $2.1M for misleading drivers about pay
Lyft will now have to pay a $2.1 million settlement with the Federal Trade Commission for misleading drivers about their pay. The case stems from ads to recruit drivers that the rideshare company placed and highlighted specific hourly amounts.
3h
What does the FTC’s new fake review rule ban?
An FTC rule banning phony online reviews is now in effect. Those who violate the measures face a civil penalty of up to ...
2d
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight Saying It’s ‘Pro-Consumer’
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the ...
grocerydive
2d
Where Kroger stands with its legal challenge to FTC’s in-house case
A hearing is set for Monday in Cincinnati. The FTC says its administrative hearing about the proposed deal would not begin ...
3d
Have you stayed at a Marriott? Here's what its settlement with the FTC means for you
The hotel chain must implement major security changes and help the more than 344 million customers affected by its multiple ...
4d
New FTC subscription cancellation rule under fire from business groups
Trade groups for cable providers, online advertisers and other businesses sue to block an FTC rule that would make it easier ...
6d
on MSN
FTC’s rule banning fake online reviews goes into effect
A federal rule banning fake online reviews is now in effect. The Federal Trade Commission issued the final rule in August ...
Opinion
3d
on MSN
Opinion
FTC’s ‘click to cancel’ rule will make ending unwanted subscriptions easier
The FTC has finalized a “click-to-cancel” rule that requires sellers to make it as easy to cancel a subscription as it was to ...
6d
FTC investigating John Deere over ‘right to repair’
Reuters’ Jody Godoy reported at the end of this past week that “the U.S. Federal Trade Commission is probing farm equipment ...
2d
on MSN
Capri Sinks After FTC Wins Halt to $8.5 Billion Tapestry Tie-Up
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...
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Lyft
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