While it may be a good idea in some industries, Lyft CEO David Risher believes the government shouldn't be involved when it comes to setting prices for ride-sharing companies.
Lyft CEO David Risher believes the government shouldn't be involved in the ride-share price-setting game. "I think there's maybe a misunderstanding in the world that central governments can set prices in a way that works," Risher told FOX Business. The CEO was responding to the Minneapolis City Council voting to mandate a minimum wage for drivers and the Labor Department’s rule that would reclassify millions of gig workers as employees.
Minneapolis Mayor Jacob Frey vetoed the city council's ordinance, which would require ride-share companies to pay drivers no less than $5 per ride. But the city council could still override Frey's veto, and the proposal could become law on May 1. Both rival ride-share companies, Uber and Lyft, have threatened to leave the city if that happens.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Uber, Lyft and Deliveroo workers in US and UK plan Valentine’s Day strikeThousands of drivers for ride hailing services and food delivery riders in the United States and United Kingdom are planning to strike on Valentine’s Day in disputes over pay and working conditions.
Les mer »
Was Lyft stock's bonkers after-hours rally due to mistake in earnings release?Results come as rival Uber tries to ‘keep a lid’ on prices, potentially posing stiffer competition
Les mer »
Uber, Lyft, Doordash drivers going on 1-day strike at O'Hare AirportLots of passengers coming and going could be inconvenienced Wednesday at O'Hare.
Les mer »
Valentine's Day: Uber, Lyft rideshare drivers strikeThousands of drivers with Uber, Lyft, DoorDash, and other rideshare services are picketing on Valentine's Day for better pay and benefits.
Les mer »
Uber, Lyft drivers to strike on Valentine’s Day over payThousands of Uber, Lyft and Doordash drivers are striking Wednesday, in what organizers say is the largest nationwide work stoppages against gig economy giants.
Les mer »
Why Uber, Lyft drivers have reason to protest pay“These are pretty unprecedented practices in terms of the history of capitalism,” one researcher told The Examiner
Les mer »