Lyft to pay $2.1M fine to settle FTC charges it inflated drivers' earnings prospects

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Federal Trade Commission,Lyft,San Francisco

Today's Video Headlines: 10/25/24

Oct 25 – Lyft agreed to pay a $2.1 million civil fine to settle U.S. Federal Trade Commission charges it misled prospective drivers about how much money they might earn working for the ride-hailing company.

How Barron Trump has been influencing his dad's presidential run — and helping him reach younger voters The settlement also requires Lyft to base claims about driver pay on typical earnings, back up those claims with evidence, and make the terms of its earnings guarantees clear.In a statement, the San Francisco-based company said it was committed to clearly communicating earnings prospects to drivers before they sign up, and to following FTC best practices.

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