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Lyft fined $2.1 million for misleading ads about how much drivers could make

By Wes Davis

Lyft fined $2.1 million for misleading ads about how much drivers could make

In a statement on its website, Lyft highlights changes it has made recently to tell drivers how much they can earn and says it is "committed to following the FTC's best practices" when communicating such details.

The settlement comes two years after the FTC announced it was going after gig work companies for "unfair, deceptive, anticompetitive and otherwise unlawful practices." Lyft and Uber have also faced labor regulation at the state and municipal level, such as in Massachusetts, where a law now requires them to offer rideshare drivers a minimum wage. In New York City, which has a similar law, they reportedly locked drivers out of their apps to limit how much they can make.

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