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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 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 could expect to make.” The FTC warned Lyft in October 2021 that its practices were illegal, and it must stop — but it continued them, and the result is this order and penalty. But the company has already had to shape up its payment promises: It can’t include tips in its estimates of hourly rates, for instance, and it must more clearly explain promotions like “guaranteed” income.
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