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 could expect to make.” As documented in the FTC’s complaint document, Lyft systematically inflated the incomes it advertised to drivers it was attempting to recruit in 2021 and 2022. For instance, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Oct 26, 2024 - 06:00
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 could expect to make.” As documented in the FTC’s complaint document, Lyft systematically inflated the incomes it advertised to drivers it was attempting to recruit in 2021 and 2022. For instance, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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