Lyft Agrees To Pay $2.1 Million Penalty After Ftc Says Company Made 'deceptive' Claims About How Much Drivers Can Earn

ledmonds@businessinsider.com (Lauren Edmonds), Business Insider
Sat, 10/26/2024 - 2:18pm

The US Department of Justice filed a complaint against Lyft on Friday. ROBYN BECK/AFP via Getty ImagesThe US Department of Justice filed a lawsuit against Lyft on Friday.The FTC said Lyft made "deceptive" claims about how much money drivers could earn per hour.Lyft agreed to a proposed settlement that included a $2.1 million civil penalty.Lyft has agreed to pay a $2.1 million civil penalty as part of a proposed settlement following a federal lawsuit, according to the Federal Trade Commission.The US Department of Justice filed a complaint against Lyft on Friday, saying the rideshare company violated the Federal Trade Commission Act between April 2021 and June 2022.The department said Lyft made "deceptive earnings claims" about how much drivers could earn each hour — and in special incentives — in some advertisements."Lyft used the hourly earnings calculation at the 80th percentile for a given region.

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Lyft Agrees To Pay $2.1 Million Penalty After Ftc Says Company Made 'deceptive' Claims About How Much Drivers Can Earn

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