Lyft Settles With FTC Over False Driver Earnings Claims for 2.1M

On October 25, ride-hailing giant Lyft agreed to pay a $2.1 million fine to settle Federal Trade Commission (FTC) allegations that it misled drivers about expected earnings.  The proposed settlement, pending judicial approval, concludes an FTC investigation into advertisements Lyft aired in 2021 and 2022 that the agency claims exaggerated earnings amid a driver shortage. […]

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