Search results for "Lyft"

June 28, 2024
Uber and Lyft Settle Massachusetts Lawsuit, End Ballot Initiative

Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office’s multiyear litigation against the ridesharing companies. The settlement includes rules on wages,...


June 27, 2024
Massachusetts Top Court Clears Way for Voter Decision on Gig...

Massachusetts’ top court has paved the way for voters to decide the classification of gig drivers for app-based companies such as Uber Technologies and Lyft. On Thursday, the Massachusetts Supreme...


June 27, 2024
Uber Invites Consumers to Give up Car, Try Alternative Transportation

Uber is inviting consumers to give up their personal car for five weeks and adopt a “car-light lifestyle.” The ride-hailing company will select up to 175 people in seven cities...


June 24, 2024
Uber Responds to NYC Minimum Pay Rule With Driver Lockouts

Uber has reportedly been locking out drivers from its app during periods of low demand over the past month in response to New York City’s minimum pay rule. Lyft is...


June 24, 2024
Antitrust Lessons from Labor

Competition law encompasses both product markets and input markets: that is, it protects buyers but also sellers. Recently, antitrust in the United States has paid increased attention to workers as...


June 04, 2024
Bilt Uses Banyan Item-Level Data Capabilities to Enhance Rewards Program

Bilt joined the Banyan platform to provide additional benefits to its members. “The addition of Banyan item-level data capabilities opens exciting new opportunities for Bilt and its rewards network partners...


May 21, 2024
California Supreme Court to Hear Challenges to Gig Worker Law

On Tuesday (May 21), the California Supreme Court will hear oral arguments in a lawsuit challenging a ballot measure known as Proposition 22. The measure, which was approved by nearly...


May 21, 2024
Mergers of Complements

Antitrust recognizes three categories of mergers: horizontal (between competitors), vertical (involving buyers and sellers), and mergers of potential competitors. This classification system seriously understates the role of complements in mergers....


May 14, 2024
Lyft Extends 70% Pay Standard to Drivers Nationwide

Ride-hailing platform Lyft said it wants to lift its driver’s earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70% or more on fares per week, after...


Global B2B Payments
Report: Lyft Uses Same-Day Pay, Free Bank Accounts To Build Driver Loyalty Twenty percent of Lyft's drivers in the U.S. logged more miles during the pandemic to make ends meet and instant payout of fares was critical in helping them pay their bills. In the Global B2B Payments Playbook, a PYMNTS and Worldpay collaboration, Lyft’s Kaushik Subramanian explains how, when it comes to cementing driver loyalty, little perks can go a long way.